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Share India Yo11 gnimik, w ••ltiply

Share India Securities Limited (CIN: L67120UP1994PLC050209)

Member : NSE & BSE Depository Participant with 'CDSL'

May 3, 2018

The Deputy Manager Department of Corporate Services, BSE limited, Floor 25, P.J Towers, Dalal Street, Fort, Mumbai- 400001

Scrip Code: 540725

Sub: DISCLOSURE UNDER REGULATION 30 OF SEBI (LODR) REGULATIONS, 2015

Dear Sir,

Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we hereby inform you that the Board of Directors at their meeting held on today i.e. on Thursday, 3rd May 2018 has decided to acquire 100% Equity Shares of M/s. Windpipe Finvest Private Limited, subject to compliance with all applicable laws and requisite approvals, if any. Consequently M/s. Windpipe Finvest Private Limited will become a Wholly-Owned Subsidiary of the Company.

The details as per Regulation 30 of SEBI (LODR) Regulation, 2015 read with the SEBI circular dated 09.09.2015 is enclosed herewith as Annexure-1.

We request you to take the same on your records.

Thanking You

For Share India Securities Limited

For Share India Securities Limite'1

'~~~~q~~ Company Secretary

Vikas Aggarwal Company Secretary & Compliance Officer M.No: FCS 5512

Regd. Office; 6th Milestone, New Bhai-Chara Complex, Opp. Mata Mandir, Chikambarpur UP Border, Sahibabad-201006 (U.P.), INDIA Corporate Office: 14, Dayanand Vihar, Near Karkardooma Metro Station, Delhi-110092, Tel.: 91-11-43011000, Fax: 91-11-43011030

E-mail: inlo@shareindia.com, Website: www.shareindia.com

Annexure-1 s. l

No. I Details of events to be needed l · Information of Such Events

Name of the target entity, details in 1 brief such as size, turnover etc.;

Name: Windpipe Finvest Private Limited Size: Equity Share Capital of Rs. 1,66,53,400/­ Turnover 31/03/2017: Rs. 3,03, 15,417. 99/- -------+ The promoter /promoter group of Mis. Windpipe Finvest Private Limited are also promoter/ promoter Group of M/s. Share India Securities · Limited and the acquisition would fall within the related party transaction. The transaction shall be done at arm length price.

Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter

2 group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at "arms length"; _ _ Industry to which the entity being Financial Industry (NBFC-Non Deposit Accepting)

3 ! a~quirE:d belongs; ---------+----- _ Objects and effects of acquisition The object of acquisition is to diversify and I (including but not limited to, enhance the current business operation of the

4 disclosure of reasons for acquisition of Company. target entity, if its· business is outside

~

the main line of business of the listed --+-e_ntit_c_y_,_,);'---------------1--------------------­

Brief details of any governmental or 5 regulatory approvals required for the

acquisition;

The requisite approvals from Reserve Bank of India (RBI) has been obtained.

The acquisition shall be completed within a month. ----· - Cash Consideration of Rs. 5, 16,25,540/-.

Indicative time period for completion J __ of the acquisition;

Nature of consideration - whether 7 cash consideration or share swap and

details of the same; Cost of acquisition or the price at

8 which the shares _are ~c_q.,_u_ir_e_d_c_; _ Percentage of shareholding / control

9 acquired and / or number of shares i acquired;

--1-Brief bac_k_g_ro_u_n_d_a_b_o_u_t_t_h_e_e_n_t-it_y_1_M_/s_._W_i_n_d-p1-.p-e--F-in_v_e_s_t--Pr-i-va_t_e_L_im_it_e_d_, _a_N_on I acquired in terms of products/line of Banking Financial Company, is duly incorporated

10 business acquired, date of under Companies Act, 1956 and registered with incorporation, history of last 3 years Reserve Bank of India (RBI), engaged in business turnover, country in which the of financing, hire - purchase and to finance acquired entity has presence and any operations of all kinds, purchasing, selling, hiring other significant information (in or letting on hire all kinds of plant and brief); machinery, all kinds of vehicles, all kinds of

equipments, land buildings, plots all other consumer and industrial products and also engaged in the activities providing loan against securities. Date of lncorporation:24/ 12/ 1996 Turnover of Last 3 years:

Total Cost of Acquisition is Rs. 5, 16,25,540/-.

100% of Shareholding

Financial 12014-1512015-16 2016-1 Year Turnover 96.30 225.71 303.15 (in Lakhs)

7

Country: !ndia

For Share India Securities Limltiad ~.~ ~er~~ Company Secretary