Share India Securities Approves ₹200 Crore Warrants And ₹120 Crore Subsidiary

Board approved preferential issue of convertible warrants up to Rs200 Cr and incorporation of new Indian wealth-management subsidiary with cash investment up to Rs120 Cr in tranches. Fits serial dilution-plus-dividend funding pattern via warrants/ESOP/NCDs; wealth unit extends existing PMS/AIF push to scale fee-based retail and diversify from broking/trading. Investors, price, conversion and shareholding terms undecided, left to Finance Committee; regulatory licences for wealth activities and funding timeline not disclosed; dilution overhang.