SSShare India Securities540725Quarterly results

Q2 FY27 results, ₹0.40 second interim dividend, ₹100 crore debt issue and Ace Alpha Tech amalgamation approved

Board of Share India Securities met on October 30, 2026 and approved the unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026.

By ScoutQuest · Fri 30 Oct 2026, 9:30 PM IST · 3 min read

Second Interim Dividend

₹ 0.40/- per equity share (face value ₹2/-) for FY 2026-27

Dividend Record Date

November 05, 2026; payment on or before November 27, 2026

Debt Fund Raise Approved

up to Rs. 100 Crores through NCDs and Commercial Papers on private placement basis

Results approved

• The Board approved the Un-audited Standalone and Consolidated financial results for the quarter and half year ended September 30, 2026.
• Along with this, it noted or approved the Limited Review Reports on these results, a Security Cover Certificate, a statement on utilisation of the issue proceeds of Non-Convertible Debentures for the quarter ended September 30, 2026, and a statement of deviation or variation in the use of those proceeds.

Dividend declared

• A second interim dividend of ₹ 0.40/- (Forty Paisa only) per equity share of face value ₹2/- has been declared for the Financial Year 2026-27.
• The record date for deciding who is eligible is Thursday, November 05, 2026.
• Payment to eligible shareholders is to be made on or before Friday, November 27, 2026.
• For a retail holder, the cash received works out as the number of shares held multiplied by ₹ 0.40 per share.

Fund raising approved

• The Board approved raising funds by issuing debt securities, including but not limited to Non-Convertible Debentures and Commercial Papers, for an amount up to Rs. 100 Crores on a private placement basis.
• The Finance Committee of the Board has been authorised to finalise the terms of the issue and to take connected actions.
• This is debt, not equity, so it does not change the number of shares outstanding.

Amalgamation proposal

• The Board approved a proposal for the amalgamation of Ace Alpha Tech Limited (the Amalgamating Company), a listed company, into Share India Securities Limited (the Amalgamated Company), also a listed company, as a going concern.
• The route proposed is Sections 230 to 232 of the Companies Act, 2013 and related rules.
• The Management has been authorised to obtain the valuation report, fairness opinion, auditor's certificate and other reports and approvals, and to place the draft Scheme of Amalgamation before the Board at a subsequent meeting.
• The scheme will need statutory and regulatory approvals, including no-objection or observation letters from the stock exchanges, SEBI no-objection where applicable, and sanction of the National Company Law Tribunal.
• This is an approval of the proposal and direction to prepare the scheme; the share exchange or entitlement structure will follow once the scheme is finalised and approved.

Board changes

• Mr. Krishan Singh Barguzar (DIN: 09811904) has been appointed an Additional Director designated as a Non-Executive Independent Director.
• The appointment takes effect from the date of receipt of approvals from the Exchanges and Clearing Corporation named in the update; it is subject to those prior approvals.
• The update states he is not debarred from holding the office of Director by any order of SEBI or any other statutory or regulatory authority.
• His profile describes over four decades of experience at the State Bank of India, including as Chief General Manager, and advisory and governance roles after his superannuation in June 2024, including as an Independent Director and Advisor to Ernst & Young LLP.
• He is stated not to be related to any Director of the Company.

What a reader can take away

• The announcement bundles four separate items: results, a dividend payout, a debt fund-raise ceiling and a merger proposal.
• The dividend is an immediate cash item with a defined record date and payment deadline.
• The fund raise is a debt ceiling and the amalgamation is at a proposal stage that still requires a draft scheme, valuation and multiple approvals.
• The board meeting commenced at 06:30 p.m. and concluded at 07:52 p.m.

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