Share India Securities Proposes Ace Alpha Merger And Rs100 Crore Debt

Board approved Sep quarter and half-year results, Re0.40 2nd interim dividend, appointment of Krishan Singh Barguzar as independent director, Rs100Cr debt plan and Ace Alpha merger proposal. Dividend continues regular interim cadence. Debt plan extends ongoing NCD funding run alongside pending warrant and larger NCD proposals. Ace Alpha merger is novel listed-company combination. Valuation, swap ratio, scheme timeline and debt coupon/tenor/use undisclosed; both need Finance Committee/next board plus exchange, SEBI and NCLT approvals. Director effective after exchange nod.