Share India Securities: Announcement under Regulation 30 (LODR)-Acquisition

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI circular dated 09th September 2015 we hereby inform that the Board of Directors of the Company in its meeting held on September 23 2021 inter - alia considered and approved the following:-

1. Acquisition of 51% shareholding in M/s. Algowire Trading Technologies Private Limited by acquisition of shareholding from existing shareholders of Algowire Trading Technologies Private Limited at a consideration of Rs. 2.142 crores.

2. Investment of in the share capital of M/s. Utrade Solutions Private Limited through subscription of fresh share capital of M/s. Utrade Solutions Private Limited to the extent of 63.50% of the post issue share capital of M/s. Utrade Solutions Private Limited at a consideration of Rs. 13.684 crores.