hare India Securities Declares Interim Dividend and Announces Key Appointments

Board Meeting Highlights

Share India Securities Limited, a key player in India's financial markets, has announced several important updates following its Board Meeting on January 28, 2025. The company declared a third interim dividend of ₹0.20 per equity share, approved its Q3 FY2024-25 financial results, and reclassified Ms. Kesha Ankit Choksi as Senior Management Personnel.

The Board Meeting commenced at 5:53 PM and concluded at 7:07 PM (IST), during which multiple key decisions were taken.

Key Announcements from the Meeting

1. Declaration of Third Interim Dividend

• The Board has approved a third interim dividend of ₹0.20 per equity share for the financial year 2024-25.
• Record Date: Monday, February 3, 2025, has been fixed to determine shareholder eligibility.
• Dividend Payment Date: The dividend will be disbursed on or before February 26, 2025.

2. Approval of Financial Results for Q3 FY 2024-25

The Board has approved the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ending December 31, 2024. Additionally, the Limited Review Report was also approved in compliance with Regulation 33(3)(c) of SEBI Listing Regulations.

These financial results provide insights into the company's performance and will be closely monitored by investors.

3. Classification of Ms. Kesha Ankit Choksi as Senior Management Personnel

The Board approved the reclassification of Ms. Kesha Ankit Choksi, the Compliance Officer of Share India Securities, as Senior Management Personnel in accordance with SEBI (Prevention of Insider Trading) Regulations, 2015.

• Reason for Reclassification: Given her critical role in regulatory compliance and insider trading oversight, the company decided to elevate her position within the senior management framework.
• Effective Date: The classification has been made effective from January 28, 2025.

Profile of Ms. Kesha Ankit Choksi

Ms. Kesha Ankit Choksi brings over 7 years of experience in financial market compliance and holds:

• Bachelor’s degree in Law and Commerce.
• Membership of the Institute of Company Secretaries of India (ICSI).

Her expertise in regulatory compliance, corporate governance, and SEBI regulations will continue to play a crucial role in the company’s legal and compliance strategies.

Impact on Investors and Market Sentiment

The declaration of an interim dividend, along with the release of Q3 financial results, will be significant for shareholders and market analysts. The company’s listing on both NSE (SYMBOL: SHAREINDIA) and BSE (SCRIP CODE: 540725) ensures that these updates will be closely watched by the investor community.

Additionally, the classification of Ms. Choksi as a Senior Management Personnel reinforces Share India Securities’ commitment to regulatory compliance and governance.

Conclusion

Share India Securities Limited has made strategic financial and leadership decisions to ensure stable investor returns and corporate governance improvements. The Board’s approval of dividends, financial results, and senior management reclassification highlights the company’s focus on shareholder value and compliance with SEBI regulations.

With these key developments, investors and stakeholders can look forward to the continued growth and stability of Share India Securities in the financial sector.

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