Share India Securities to invest ₹28 crore in NCDEX

According to Share India Securities, the investment does not fall within the ambit of related party transaction and none of the promoter/promoter group/group companies have any interest in the above entity

The board of Share India Securities (SIS) on Tuesday approved an investment of up to ₹28 crore in National Commodity & Derivatives Exchange Ltd (NCDEX) by way of acquisition of 14,18,871 equity shares at ₹197.34 a share. The constitutes 1.582 per cent of the post-issue capital of NCDEX, the company said in a disclosure to the stock exchanges.

The investment shall be completed within a period of 60 working days from the date of this disclosure, the company said in a notice to the stock exchanges.

The acquisition is for investment purposes and aligns with the company’s strategic goal of strengthening its presence in the financial services and securities market ecosystem, it further said.

According to SIS, the investment does not fall within the ambit of related party transaction and none of the promoter/promoter group/group companies have any interest in the above entity.

NCDEX is a nation-level, technology-driven online Commodity Exchange with an independent Board of Directors and professional management.

Equity foray

Recently, NCDEX has received an in-principle approval from market regulator SEBI to launch equity and equity derivatives trading. The regulator had asked NCDEX to keep building its core commodity derivatives business even as it diversifies into equity. To finance platform build-out, compliance infrastructure, member onboarding and product innovation, the board of NCDEX recently approved a primary equity raise of ₹500-₹600 crore.

The stock of Share India Securities closed 0.39 per cent lower at ₹159.33.

Published on August 19, 2025