Share India holds NCLT-directed stakeholder meetings on Silverleaf amalgamation

Share India Securities Ltd ( (IN:SHAREINDIA) ) has shared an update.

Share India Securities Ltd convened court-directed meetings of its equity shareholders, non-convertible debenture holders, secured creditors and unsecured creditors on March 13, 2026 to consider a proposed scheme of amalgamation with Silverleaf Capital Services Pvt Ltd. The meetings, held via video conferencing under directions from the NCLT Ahmedabad Bench, confirmed quorum, outlined the merger scheme and enabled remote and live e-voting, marking a key procedural step toward consolidating the group’s operations and capital structure, with outcomes to shape the company’s future stakeholder alignment.

At the equity shareholders’ meeting, chaired by senior advocate Atul Lakhanpal and supported by appointed counsel and a scrutinizer, participants were briefed that the transaction documents and explanatory materials had been circulated in advance and taken as read. The company’s use of remote e-voting and real-time electronic voting during the session, combined with the absence of shareholder queries, underscored a formal but orderly process for securing stakeholder approval required for the amalgamation to proceed under Indian corporate and securities regulations.

More about Share India Securities Ltd

Share India Securities Ltd is a diversified financial services company active in India’s capital markets, operating as a member of major exchanges including NSE, BSE, MCX, NCDEX and MSEI. It offers broking and trading services, acts as a depository participant with CDSL and NSDL, and provides mutual fund distribution, research analysis and portfolio management to a broad base of investors and creditors.

Average Trading Volume: 26,087

Technical Sentiment Signal: Sell

Current Market Cap: 29.13B INR

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