Share India Securities Limited Approves ₹0.50 Final Dividend FY26

Share India Securities Limited approved a final dividend of ₹0.50 per equity share for FY2025-26 at its 29 September 2026 annual general meeting. The payout applies to equity shares with a face value of ₹2 each and is twice the ₹0.25 final dividend shareholders approved for FY2024-25.

What final dividend did Share India Securities approve for FY26?

Share India Securities approved a final dividend of ₹0.50 per equity share for the financial year ended 2025-26. Shareholders passed the proposal at the company's annual general meeting held on 29 September 2026. The dividend applies to every equity share carrying a face value of ₹2.

The approved final dividend is higher than the ₹0.25 per share final dividend approved at the annual general meeting on 29 September 2025 for FY2024-25. On a per-share basis, the FY26 final dividend is therefore two times the preceding year's final dividend.

The annual general meeting also covered adoption of annual financial statements, dividend-related resolutions and governance matters. The disclosed resolutions included confirmation of an interim dividend of ₹1.10 per equity share and approval of the ₹0.50 final dividend for FY26.

How does the FY26 dividend compare with earlier payouts?

Share India Securities' ₹0.50 FY26 final dividend compares with ₹0.25 per share for FY25. The company had also announced an interim dividend of ₹0.40 per share in January 2026, with 2 February 2026 set as both the record date and ex-dividend date and payment scheduled by 26 February.

The AGM disclosures separately refer to a previously paid interim dividend of ₹1.10 per equity share for FY26. The available information does not state the record date or payment date for the final dividend approved in September. Investors should therefore rely on the company's exchange filings for the applicable eligibility and payment details.

What other corporate actions are underway at Share India Securities?

Share India Securities is progressing with the amalgamation of Silverleaf Capital Services Private Limited into the company. The National Company Law Tribunal, Ahmedabad Bench-I, sanctioned the scheme in an order pronounced on 20 August 2026.

The NCLT subsequently rectified the appointed date of the scheme. The originally stated appointed date of 1 October 2023 was changed to 1 April 2026 through an order pronounced on 12 October 2026. Share India Securities said it received the certified true copy of the rectification order and the scheme.

The amalgamation will become effective after the NCLT sanction order is filed with the Registrar of Companies, Ahmedabad, along with completion of the stipulated steps. Earlier, shareholders had approved the scheme, with equity shareholders voting 99.83% in favour. BSE had issued an observation letter with no adverse observations on 9 July 2025, while NSE issued a no-objection letter on 11 July 2025.

Why does the merger update matter to investors?

Share India Securities' dividend approval and amalgamation process are separate corporate actions, but both are relevant to shareholders. The dividend resolution sets the approved final payout for FY26, while the merger process concerns the legal integration of Silverleaf Capital Services into Share India Securities.

Under the disclosed terms of the scheme, Share India Securities is to issue 500 equity shares of ₹2 each for every one equity share of ₹10 held in Silverleaf Capital Services. The corrected appointed date establishes 1 April 2026 as the date from which the scheme is intended to apply, subject to its legal effectiveness.

The company has described the proposed integration as an effort to consolidate business resources and integrate technology operations. However, the scheme does not become legally effective merely because it has been sanctioned and rectified. Filing the sanction order with the Registrar of Companies remains a stated requirement.

What is Share India Securities considering next?

Share India Securities scheduled a board meeting for 30 October 2026 to consider unaudited standalone and consolidated financial results for the quarter and half-year ended 30 September 2026. The board was also scheduled to consider and declare a second interim dividend for FY2026-27.

Separately, the board approved an issue of non-convertible debentures of up to ₹125 crore, with a greenshoe option of up to ₹50 crore, at 10.30% interest. The company also completed a 100% acquisition of Enshrine Leasing for ₹39.71 crore, according to the disclosed information.

Conclusion

Share India Securities shareholders have approved a ₹0.50 final dividend for FY26, compared with ₹0.25 per share in FY25. The resolution defines the final dividend component for the year, while the company continues to pursue completion of the Silverleaf Capital Services amalgamation after the NCLT corrected its appointed date to 1 April 2026.

The next disclosed events to watch are the board's consideration of the September 2026 quarter and half-year financial results, a possible second interim dividend for FY2026-27, and filing of the NCLT sanction order with the Registrar of Companies to make the Silverleaf scheme effective.