Share India Securities : Credit Rating

®
Share India Securities Limited
	(CIN: L67120GJ1994PLC115132)
Share India	Member: NSE, BSE, MCX, NCDEX & ICEX
Depository Participant with 'CDSL'
You generate, we multiply	SEBI Registered Research Analyst & Portfolio Manager
June 06, 2022
To,	To,
Department of Corporate Services	The Listing Department
BSE Limited	National Stock Exchange of India Limited
P J Towers, Dalal Street,	Exchange Plaza, C-1,Block G, Bandra Kurla
Fort, Mumbai -400001	Complex, Bandra (E), Mumbai-400051
Scrip Code: 540725	SYMBOL: SHAREINDIA

Sub: Intimation of Credit Rating

Dear Sir/Madam,

In Compliance with the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that the Acuité Ratings & Research Limited ("Credit Rating Agency") has assigned its credit rating for Non- Convertible Debentures of the Company as under-

Product	Quantum (Rs.	Rating	Outlook
	Crores)
Non - Convertible Debentures	150	ACUITE PP-MLD A	Stable

Please note that appropriate intimations will be provided to the Stock Exchanges when the Company issues NCD. We request you to please take note of the above.

Thanking You,

For Share India Securities Limited

VIKAS AGGARWAL

Digitally signed by VIKAS AGGARWAL

DN: c=IN, o=Personal, postalCode=110032, st=Delhi, 2.5.4.20=5f7caa4019eb2e27ab90f1fa5cc6fbf97 2b18208a8543c54dee103b88bc2050d, pseudonym=5468D68F3CAF9C9CEA8C2C6293 8AE9DEF8D5D5A3, serialNumber=F9F7F9724649317A1DA3DA2B5 6F4412540BBB2F01F2C29E6BC60D60F6EBAE5 02, cn=VIKAS AGGARWAL

Date: 2022.06.06 18:44:00 +05'30'

Vikas Aggarwal

Company Secretary & Compliance Officer

Membership No.: FCS 5512

Regd. Office: Unit No. 604A-B,605A-B, 6th Floor, Tower A, World Trade Centre, GIFT CITY, Block-51Zone-5, Road 5E GIFT CITY,

Gandhi Nagar, Gujarat-382355 INDIA

Corporate Office: A-15,Sector-64, Noida, Distt. Gautam Buddha Nagar, Uttar Pradesh-201301, Tel.: [phone] Fax

: 0120-4910030E-mail:[e-mail],Website:www.shareindia.com

Rating Letter - Intimation of Rating Action

Letter Issued on: June 03, 2022

Letter Expires on: May 24, 2023

Annual Fee valid till: May 24, 2023

Share India Securities Limited

UNIT NO 604A-B605A-B 6TH FLR TOWER A WORLD TRADE CENTRE GIFT CITY BLOCK-51ZONE-5 ROAD 5E GIFT CITY GANDHINAGAR Gandhinagar GJ

382355 IN

Kind Attn.: Mr. Kamlesh Shah, Managing Director (Tel. No. 8169743538)

Dear Mr. Shah,

Scan this QR Code to verify authenticity of this rating

Sub.: Rating(s) Assigned - Non Convertible Debentures of Share India Securities Limited

Please note that the current rating(s) and outlook, instrument details, and latest rating action for the aforementioned instrument are as under:

	Long Term Instruments	Short Term Instruments
Total Rated Quantum (Rs. Cr.)	150.00	Not applicable
Quantum of Enhancement (Rs. Cr.)	Not applicable	Not applicable
Rating	ACUITE PP-MLD A	Not applicable
Outlook	Stable	Not applicable
Most recent Rating Action	Assigned	Not applicable
Date of most recent Rating Action	June 03, 2022	Not applicable
Rating Watch	Not applicable	Not applicable

Acuité reserves the right to revise the ratings, along with the outlook, at any time, on the basis of new information, or other circumstances which Acuité believes may have an impact on the ratings. Such revisions, if any, would be appropriately disseminated by Acuité as required under prevailing SEBI guidelines and Acuité 's policies.

This letter will expire on May 24, 2023 or on the day when Acuité takes the next rating action, whichever is earlier. It may be noted that the rating is subject to change anytime even before the expiry date of this letter. Hence lenders / investors are advised to visit https://www.acuite.in/OR scan the QR code given above to confirm the current outstanding rating.

Acuité will re-issue this rating letter on May 25, 2023 subject to receipt of surveillance fee as applicable. If the rating is reviewed before May 24, 2023, Acuité will issue a new rating letter.

Suman Chowdhury

Chief Analytical Officer

Annexures:	A. Details of the Rated Instrument
	B. Details of the rating prior to the above rating action

Acuité Ratings & Research Limited

SEBI Registered | RBI Accredited

708, Lodha Supremus, Lodha iThink Techno Campus, Kanjurmarg (East), Mumbai - 400042 | [phone] SMS: [phone] | www.acuite.in | CIN: U74999MH2005PLC155683

Annexure A. Details of the rated instrument

Bank		Facilities	Scale	Amt.	Ratings	Rating Action
	(Rs. Cr)
Fund Based Facilities
Non Convertible Debentures	Long Term	150.00	ACUITE PP-MLD A/	Assigned
Stable
Total Fund Based Facilities		150.00
Total Facilities			150.00

Annexure B. Details of the rating prior to the above rating action

	Long Term Instruments	Short Term Instruments
Previous Rated Quantum	Not applicable	Not applicable
Rating	Not applicable	Not applicable
Outlook	Not applicable	Not applicable

DISCLAIMER

An Acuité rating does not constitute an audit of the rated entity and should not be treated as a recommendation or opinion that is intended to substitute for a financial adviser's or investor's independent assessment of whether to buy , sell or hold any security. Acuité ratings are based on the data and information provided by the issuer and obtained from other reliable sources. Although reasonable care has been taken to ensure that the data and information is true, Acuité , in particular, makes no representation or warranty, expressed or implied with respect to the adequacy, accuracy or completeness of the information relied upon. Acuité is not responsible for any errors or omissions and especially states that it has no financial liability whatsoever for any direct, indirect or consequential loss of any kind arising from the use of its ratings.Acuité ratings are subject to a process of surveillance which may lead to a revision in ratings as and when the circumstances so warrant. Please visit our website (www.acuite.in) for the latest information on any instrument rated by Acuité , Acuité 's rating scale and its definitions.