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Updated: July 23, 2025 16:18
Share India Securities Ltd has greenlit a strategic capital infusion of Rs 49.99 crore into its wholly owned subsidiary, Share India Fincap Pvt Ltd (SIFPL), signaling a focused push toward scaling its financial services portfolio.
Key highlights of the announcement:
- The investment will be made via rights issue, subscribing to 12,25,490 equity shares at Rs 408 per share
- Each share carries a face value of Rs 10 and a premium of Rs 398
- The move aims to strengthen SIFPL’s capital base and support its lending operations across women entrepreneurship, MSMEs, and secured business loans
- SIFPL, an RBI-registered NBFC, reported a net worth of Rs 122.46 crore and FY25 turnover of Rs 61.38
crore
- The transaction qualifies as a related party deal, with several directors common to both entities
- Completion is expected by July 25, 2025
This capital boost aligns with Share India’s long-term strategy to empower its subsidiaries and deepen its fintech-led financial ecosystem.
Sources: Business Standard, Moneycontrol, Share India official filings