
Small-cap firm Share India Securities on Tuesday, November 25, announced that its board of directors will meet next month to consider and approve a fundraiser through foreign currency bonds.
As per the exchange filing, the board meeting for this purpose has been set as Wednesday, December 17, 2025.
“Please find enclosed herewith the Notice of the 1st Extra-Ordinary General Meeting (EGM) of the Company for the financial year 2025-26, scheduled to be held on Wednesday, 17 December 2025, at 04:30 p.m. through Video Conference (VC)/Other Audio-Visual Means (OAVM),” the company informed the stock exchanges through its filing.
Share India's board of directors are set to consider and approve raising funds by the issuance of Foreign Currency Convertible Bonds. The firm looks to raise up to $50 million in one or more tranches.
The company will also appoint merchant bankers, underwriters, depositories, custodians, registrars, trustees, bankers, and lawyers, among others, to execute all the agreements part of the fundraising deal.
If the board further decides to include any offering of convertible securities into equity shares, then the consent of the company's shareholders will be taken into account by the board.
Share India stock price closed 0.74% lower at ₹161.90 in Tuesday's stock market session, compared to ₹163.10 at the previous stock market close. The company announced its fundraising update during the market operating hours today.
The small-cap stock has given India stock market investors more than 673% returns on their investment in the last five years, but has dropped over 42% in the last one-year period.
On a year-to-date (YTD) basis, Share India's stock has lost 45.99% in 2025, and is down 21.02% in the last one month. Over the last five trading sessions, the company's shares have lost 3.52%, market data shows.
Share India Securities stock hit its 52-week high of ₹325 on December 26, 2025, while the 52-week low level stands at ₹127.70, scaled on September 30, 2025, as per BSE data. The company's market capitalisation (m-cap) stood at ₹3,542.79 crore as of the stock market close today.
Read all stories by Anubhav Mukherjee
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.