Share India Securities has informed that the Board of Directors of the company in its meeting held on December 03, 2018 has considered and approved investment in Share India Insurance Brokers (‘Wholly Owned Subsidiary’) through acquisition of 41,50,000 equity shares of Rs 10 each by way of right issue. The details as per Regulation 30 of SEBI (LODR) Regulation, 2015 and circular issued there under are enclosed herewith as Annexure- I. The Board meeting commenced on 05:00 PM and concluded on 06:30 PM.
The above information is a part of company’s filings submitted to BSE.
