(Udaipur Kiran News): Shares of Share India Securities inched higher on Tuesday after the company received board approval to invest an additional ₹27.99 crore in its wholly owned subsidiary, Share India Capital Services (SICSPL).
The stock was trading at ₹141.80, up 0.18% from its previous close of ₹141.55 on the BSE. It opened at ₹141.55 and touched an intraday high of ₹142.95 and a low of ₹141.50. A total of 16,230 shares were traded on the counter. The company’s market capitalization currently stands at ₹3,111.70 crore.
In the past 52 weeks, the scrip has traded between a high of ₹344.40 (25 Sep 2024) and a low of ₹135.05 (07 Apr 2025). Promoters hold 48.74%, while institutions and non-institutions account for 1.10% and 50.16% respectively.
Investment details
The fresh investment will be made by subscribing to 81,63,265 equity shares of ₹10 each at a premium of ₹24.30 per share, aggregating to ₹34.30 per share, offered by SICSPL on a rights basis.
The capital infusion aims to strengthen SICSPL’s financial position, support its business expansion, and ensure adequate funding for ongoing development. The move aligns with Share India Securities’ long-term strategy of nurturing subsidiaries for sustained group growth.
The company’s Finance Committee of the Board of Directors approved the investment at its meeting held on 22 September 2025.
Share India Securities operates in the areas of equity broking, investing, and trading activities.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.