Share India Securities Limited has informed the Exchange about Investor Presentation
(CIN: L67120GJ1994PLC115132) Member: NSE, BSE, MCX, NCDEX & MSEI Depository Participant with CDSL&NSDL AMFI Registered Mutual Fund Distributor SEBI Registered Research Analyst & Portfolio Manager
MAY 2025-MAY 2026 INDIA
March 20, 2026
To, BSE Limited Scrip Code: 540725/ 976824 / 976825 / 977430
To, National Stock Exchange of India Limited Symbol: SHAREINDIA
Sub: Investor Presentation for the Group Conference organized by Valorem Advisors.
Madam/Sir,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with Para A of Part A of Schedule III of the Listing Regulations, please find enclosed the Investor Presentation for the Group Conference organized by Valorem Advisors, scheduled to be held on March 23, 2026, in which the Company will be participating.
The above information is also available on the website of the Company, i.e., www.shareindia.com.
Please take the same on your records.
Thanking you,
Yours faithfully, For Share India Securities Limited
Vikas Aggarwal Company Secretary & Compliance Officer M. No.: F5512
INVESTOR PRESENTATION MARCH 2026
Share India at a Glance
Trust of 30+ Years
Branches & Franchises Across India 262
States Covered 18
Employees 4,037
In house Tech Expert 200+
MTF AUM INR 4,570 Mn
No of Clients in Broking 46,977
No of Institutional Clients 174
ADTO INR 88 Bn
Cumulative AUM under NBFC/MF INR 4,671 Mn
Insurance Premium INR 347 Mn
IPO’s Listed till now 22
Reports Released 201
All Figures as of 9M-FY26 * Figures as of FY25
Utrade Algo Platform Plan Subscription till date 69,331+
Utrade Algo Platform Paid Plan Subscription till date 4,299
Approved Strategies with 100% Accuracy 17
5 Year Revenue CAGR* 45%
5 Year PAT CAGR* 52%
2
Company
Overview
COMPANY OVERVIEW
Share India Securities Ltd was founded in 1994 and is headquartered in Noida, Uttar Pradesh, India.
Consolidated Revenue (INR Mn) & EBITDA Margin (%)
14,828
14,486
A 30-year young, technology-driven financial services leader, recognised for strong capabilities in Algorithmic Trading and advanced Fintech solutions.
10,882
Company Overview
•
•
•
•
Successfully evolved from a traditional financial services firm into a Fintech-focused organisation, delivering latency-optimised, high-performance trading solutions.
Driven by a strong customer-first philosophy, continuously adapting offerings to meet the evolving needs of new-age retail, HNI, and institutional investors.
• Offers a comprehensive suite of financial services in equity, derivatives, currency, commodities, wealth management, portfolio management services, advisory & alternate investment solutions.
• Operates a pan-India distribution network with 262 branches and franchises across 18
states, serving a diversified investor base.
45.28%
44.30%
35.69%
10,543
43.01%
FY23
FY24
FY25
9M-FY26
Revenue (INR Mn)
EBITDA Margin %
9M-FY26 Revenue Split (%)
1.84%
0.90%
0.58%
3.91%
•
Proprietary platforms uTrade Algos and Algowire Trading Technologies deliver AI and ML driven algorithmic strategies, empowering HNI and retail investors with enhanced decision making, execution efficiency and disciplined wealth creation.
92.77%
Broking & Trading
NBFC
Merchant Banking
Insurance
Technology Services
4
Journey
2010 - 2011
• Pioneered the
2007
Expanded into futures and options trading with the Bombay Stock Exchange (BSE).
2008 -2010
Initiated currency derivatives trading and also first step into the realm of algo trading, which eventually became a cornerstone of the company
development of technology for algorithmic trading to enhance market capabilities.
•
• Renamed as Share India Securities Ltd. and acquired membership of NSE and CDSL and merged with a company.
1994
Incorporated in 1994
2017
•
Successfully got listed on stock exchanges
• Registered
as a Research Analyst with SEBI
2016
• Registered
as a mutual advisor with the AMFI
Formed Share India Capital Services Pvt. Ltd.
•
•
2023-2024
•
Launched Algo Platform – uTrade Algos for automated trading
• Announced
Amalgamation of Silverleaf Capital Services with the Company
•
•
2024-2025
Strategic Investment in Metropolitan Stock Exchange (MSE) by acquiring ~5% stake
Incorporation of Silverleaf Securities Research Private Limited as a new subsidiary
2022-2023
Launched Retail Platform - IBT This new digitally- enabled online account opening and trading platform enables clients to adopt new technology.
2021
Acquired majority stake in Algowire Trading Technologies and uTrade Solutions, strengthening its position as a market leader and technology innovator in the fintech industry.
2019-2020
• Started Share
India insurance Brokers
• Merged Total Securities • Acquired Total Commodities (Now Share India Algoplus) • Started Share India Global Pte
2025-2026
Incorporated Share India Wealth Multiplier Solutions Private Limited to undertake Category III AIF, Portfolio Management Services, and other activities.
Incorporated Share India Cred Capital Private Limited to develop a technology- driven fixed- income and investment distribution platform in India.
5
Management Team
Mr. Parveen Gupta Chairman and Managing Director
Mr. Kamlesh Vadilal Shah Managing Director
Mr. Sachin Gupta CEO & Whole Time Director
Mr. Vijay Vora Whole Time Director
Mr. Rajesh Gupta Director
Mr. Suresh Arora Whole Time Director
Mr. Abhinav Gupta President Capital Markets
Mr. Kunal Nandwani Director Utrade
Mr. Ajay Patel CEO Share India Insurance
Mr. Bhavya Arnav Director Algowire
Mr. Vijay Rana CFO
Mr. Vikas Aggarwal Company Secretary & Compliance Officer
Mr. Keshav Goyal Director Share India Cred Capital
Mr. Piyush Kedia Director Silverleaf Securities Research
Mr. Gajendra Nagpal
President Marketing
Mr. Kalpesh Pareek Head Equity
Mr. Ganapathy Puranik Head Asset Management
6
Company
Overview
BUSINESS OVERVIEW
Growing Financial Services Conglomerate
Standalone Business
Broking in Equity, F&O and Commodities segment
Prop Trading
Mutual Funds distribution
Research
Depository Participant
Institutional Business
Business in Subsidiaries
Equity Trading
Asset Management
Digital Investment Distribution Platform
Insurance Broking
NBFC
Investment banking
Algo Trading platform
Entities
Share India Wealth Multiplier Solutions Pvt Ltd.
Share India Cred Capital Private Limited
Share India Insurance Brokers Pvt. Ltd.
Share India Fincap Pvt. Ltd.
Share India Capital Services Pvt. Ltd.
Share India Algoplus Pvt. Ltd. Share India Global Pte Ltd. Share India Securities (IFSC) Pvt. Ltd. Total Securities (IFSC) Pvt. Ltd.
Algowire Trading Technologies Pvt. Ltd. uTrade Solutions Pvt. Ltd. Silverleaf Securities Research Pvt Ltd.
8
Broking, Trading & Merchant Banking
•
Share India operates a technology-led, multi-asset trading platform that enables retail investors, HNIs, and corporates to seamlessly participate across equities, derivatives and commodities market.
Broking and Trading Revenue (INR Mn)
• Offers a transparent pricing and competitive brokerage structure that drives higher platform
13,750
13,667
adoption and trading activity.
•
Delivers an integrated broking ecosystem encompassing advisory, collateral backed margin funding and IPO participation.
• Offers a streamlined, fully digital onboarding experience with paperless KYC and accelerated
activation.
•
•
Deploys proprietary low-latency trading capabilities to capitalize on arbitrage opportunities, optimizing surplus cash returns while adhering to stringent risk controls.
Provides integrated merchant banking solutions with expertise in IPO advisory, valuation, mergers & acquisitions, and strategic advisory, through its wholly owned subsidiary.
9,891
9,907
FY23
FY24
FY25
9M-FY26
Merchant Banking Revenue (INR Mn)
231
188
196
22 IPO Listings Till now
DRHP Filed for Main Board IPO 1
Merchant Banking
All numbers as of 9M-FY26
13 Sectors Serviced
7 Geographies Serviced
DRHP Filed for SME IPO 6
Successful Listing 4
13
FY23
FY24
FY25
9M-FY26
9
Broking and Trading Segment Performance
ADTO (INR Bn)
Margin Trading Facility AUM (INR Mn)
4,570
120
110
73
88
2,390
FY23
FY24
FY25
9M-FY26
710
FY24
FY25
9M-FY26
No of Clients in Broking
No of Institutional Clients
27,887
35,380
46,252
46,977
174
137
FY23
FY24
FY25
9M-FY26
35
FY23
52
FY24
FY25
9M-FY26
10
NBFC
• Through its wholly owned subsidiary, Share India Fincap Private Limited, an RBI-registered NBFC, the Company offers personal, business and SME loans diversifying revenues beyond stock market–linked income.
•
•
Supported by a physical network of 76 NBFC branches, facilitating on-ground sourcing, credit assessment, and customer servicing.
Focused on expanding secured lending and enhancing asset quality to drive sustainable growth and better risk-adjusted returns.
1,250
AUM (INR Mn)
2,590
2,600
2,470
41,742 NBFC Client Base
76 NBFC Branches
INR 2,470 Mn Loan Book
4.87% GNPA
2.98% NNPA
2.96%* ROA
All numbers as of 9M-FY26 * Figures on annualized basis
FY23
FY24
FY25
9M-FY26
7,000
6,000
5,000
4,000
3,000
2,000
1,000
-
NII (INR MN) & NIM (%)
5,282
4,368
4,456
27.32%
27.63%
3,419
17.40%
18.33%*
FY23
FY24
FY25
9M-FY26
NII (INR Mn)
NIM (%)
11
Mutual Fund Distribution and Insurance Broking
Mutual Funds
INR 2,201 Mn AUA
45 Distributorship
15,575 Mutual Fund Customers
Insurance
5,377 No. Policies Sold
INR 347 Mn Premium collected
97,256 Total Lives Covered
•
•
Share India is registered with AMFI and offers clients a diverse range of mutual fund schemes across multiple asset classes to meet their investment objectives.
The Company leverages strong relationships with retail, HNI, and corporate clients, supported by a pan-India network and digital platforms, to enable scalable and cost-efficient distribution of investment products.
•
•
•
•
Share India entered the insurance broking business in FY2019 through its subsidiary, Share Insurance Brokers Private Limited expanding its financial services offering beyond capital markets
India
Leverages its branch and franchise network to provide clients with a wide range of insurance solutions
Delivers a comprehensive range of insurance products across 15 categories, covering life, health, and general insurance.
The Company partners with 43 leading insurance providers, including LIC, ICICI Prudential Life, New India Assurance, HDFC Life, and SBI General Insurance, to deliver customised risk mitigation solutions.
All numbers as of 9M-FY26
12
Mutual Fund Distribution and Insurance Broking Segment Performance
Mutual Fund AUA (INR Mn)
2,201
1,742
1,208
823
MUTUAL FUNDS
Unique SIPs Registered
5,416
5,675
4,086
3,379
Mutual Fund Customers
15,575
11,421
5,185
6,598
FY23
FY24
FY25
9M-FY26
FY23
FY24
FY25
9M-FY26
FY23
FY24
FY25
9M-FY26
No of Policies Sold
Premium Collected (INR Mn)
Total Lives Covered
INSURANCE
11,844
635
5,985
6,701
7,157
432
304
347
97,256
80,279
38,234
24,004
FY23
FY24
FY25
9M-FY26
FY23
FY24
FY25
9M-FY26
FY23
FY24
FY25
9M-FY26
13
An Integrated Algorithmic Trading Ecosystem
uTrade Solutions Pvt Ltd
• Operates uTrade Algos, a no-code, institutional-grade algorithmic trading platform aligned with the
“Har Ghar Algo” vision.
•
•
Enables retail and HNI investors to deploy pre-built or custom strategies with AI-powered analytics, backtesting, and risk tools.
Seamlessly integrated with brokerage accounts including Share India for direct execution and real-time monitoring.
Algowire Trading Technologies Pvt Ltd
•
•
•
Provides latency-optimized, institutional-grade trading infrastructure for high-speed execution in volatile markets.
Powers the Group’s proprietary trading desk and client-facing algo platforms using advanced execution models.
Serves global institutions with expertise in spans data mining, machine learning and quantitative analysis.
Silverleaf Securities Research Pvt Ltd
•
•
•
Acts as the Group’s quantitative research and strategy development arm for systematic trading.
Builds rules-based, data-driven strategies designed for automation, scalability, and repeatability rather than discretionary calls.
It owns the end-to-end lifecycle from research and model development to live deployment and risk control.
14
Technology Platform Interface
15
Company
Overview
INDUSTRY OVERVIEW
Indian Equity Market Landscape
Total Population
PAN Holders
Demat Holders
Active Investors
1.46 Bn
0.80 Bn
0.22 Bn
0.07 Bn
Factors Driving this Growth:
•
•
Rising retail investor participation driven by financialization of household savings.
Strong growth in equity derivatives and options trading volumes.
• Greater demand for multi-asset trading.
Increasing Number of Capital Market Issuances
SME IPO Issues
241
217
196
125
69
FY22
FY23
FY24
FY25
9M-FY26
FY25 has recorded 4x Fundraise than FY23
SME IPO Issues (INR Mn)
98,112
97,275
•
•
•
Digital platforms lowering cost of acquisition and improving client scalability.
60,955
Regulatory stability and confidence.
improved market transparency boosting
investor
India’s IPO pipeline is robust, with 249 filings for 2026 and proposed fundraising of ~INR 4 lakh crore.
23,331
9,434
FY22
FY23
FY24
FY25
9M-FY26
An underpenetrated, expanding investor base and a strong IPO cycle create a long growth runway for Share India.
Source: SEBI, Economic Times, Indiagraphs
17
Expanding Wealth Creating a Strong Distribution Opportunity
Indian Wealth Management Market (USD Bn)
Number of HNWIs in India
Mutual Fund QAAUM (INR Tn)
2,300
93,753
147-155
1,100
FY24
85,698
FY29P
CY24
CY28
India is set to become the world’s 4th-largest private wealth market by 2028.
Advisory asset management and tax planning have one of the highest demands among wealth management services by HNWIs. This is followed by financial planning.
Expansion into non-metro cities is unlocking a large untapped pool of savings.
67
12
27
2015
2020
2025
2030P
Insurance Penetration across the world (%)
Strong capital market performance is accelerating wealth creation and increasing participation in financial assets.
12.1%
11.8%
India’s underpenetrated insurance market, coupled with rising awareness of protection, health, and retirement planning, offers significant multi-year premium growth potential.
7.3%
4.2%
4.2%
3.7%
•
•
•
•
•
• Mutual fund AUM in India is expected to compound at ~16-18% CAGR, led by accelerating
financialization of household savings.
•
Consistent mass-media and digital outreach through campaigns like “Mutual Fund Sahi Hai” and “Zindagi Ke Saath Bhi, Zindagi Ke Baad Bhi” continues to build trust and drive long-term participation in financial products.
Source: Knightfrank, Deloitte Analysis, IRDAI, AMFI, CRISIL Intelligence, IBEF
Global
US
UK
Australia
China
India
18
Algorithmic Trading in India: Adoption, Scale & Growth Drivers
54%
NSE Equity Cash Segment Trades Executed via Algorithms
70%
NSE Equity Derivatives Segment Trades Executed via Algorithms
Indian Algo Trading Market (USD Mn)
616
2025
1,350
2034P
Key Growth Drivers for Algorithmic Trading Adoption:
Rapid growth in derivatives trading demands speed, precision, and systematic execution.
Advances in technology and exchange infrastructure such as low-latency systems, co-location, and robust matching engines.
Easy access through plug-and-play algo platforms for retail and HNI investors.
Increasing preference for rule-based, emotion-free trading strategies.
Adoption of adaptive, self-learning models enhancing strategy performance and scalability.
Lower market execution at scale, driving superior cost and execution efficiency.
improved price discovery, and consistent
impact,
•
•
•
•
•
•
Pre 2010 Indian equity markets were largely dominated by manual trading
2010-2015 Adoption of Execution Focused Algos such as VWAP and TWAP by Institutional Investors
2016-2020 Expansion of co- location, low- latency infrastructure, and broker APIs enabled proprietary trading desks and broker-led algos
Post 2020 Plug-and-play algo platforms enabling retail & HNI adoption of AI/ML-driven strategies.
• Well-defined framework and risk controls by SEBI and exchanges
Source: Moneycontrol, IMARC
19
Company
Overview
STRATEGIC OVERVIEW
A Structural Shift in Business Quality
Share India’s Evolution from Traditional Broker to Fintech Platform
Traditional Broker
Fintech Platform
Manual/Dealer Driven
Algorithmic & API-driven
Transaction Dependent Revenue
Human Execution
Limited IP
Volume Cyclicality
Platform + subscription + interest-led revenue
Low-latency automated execution
Proprietary strategies, models & tech
Higher recurring & annuity income
Client = Trader
Client = Platform user
21
Key Strengths
Over 30 Years of Management experience in industry
Proprietary fintech platform powered by algorithmic and low-latency technology
Pan-India presence combining digital and physical platforms with a strong relationship-led network
Large and sticky client ecosystem, spanning institutions, HNIs and active traders.
Wide suite of financial products under single roof
Diversified revenue mix beyond transaction-led broking
Scalable operating model with superior capital efficiency
22
Future Growth Strategies
Providing Portfolio Management Services and strengthening presence in Wealth Management
Scale algorithmic trading adoption through uTrade by enabling open API–based algo trading for retail investors
Establish flagship retail branches in high- visibility locations to strengthen physical presence and client acquisition
Retail Expansion
Algo trading penetration
Offer intuitive algorithmic strategies and automation tools to expand retail participation beyond index-based trading
Scale the MTF book to deepen client engagement, improve retention and support sustained trading activity
Diversification
Integrate advanced analytics and automation to improve trading discipline and outcomes for retail clients
Leverage the International Presence and GIFT City IFSC to pursue cross-border trading opportunities
Diversification across merchant banking, secured NBFC lending and insurance broking
23
FINANCIAL OVERVIEW
Historical Consolidated Income Statement
Particulars (INR Mn)
Income from Operations
Total Expenses
EBITDA
EBITDA Margins (%)
Finance Costs
Depr. & Amort. Expenses
Other Income
Profit Before Exceptional Item and Tax
Exceptional Item
Profit Before Tax
Tax Expense
Profit After Tax
PAT Margins (%)
Other Comprehensive Income
Total Comprehensive Income
Diluted EPS (INR)
FY23
10,882
5,955
4,927
45.28%
576
121
115
4,345
14
4,359
1,052
3,307
30.39%
-
3,307
17.85
FY24
14,828
8,259
6,569
44.30%
900
141
59
5,587
-
5,587
1,329
4,258
28.72%
445
4,703
21.83
FY25
14,486
9,316
5,170
35.69%
895
178
209
4,306
-
4,306
1,025
3,281
22.65%
(72)
3,209
14.90
9M-FY26
10,543
6,008
4,535
43.01%
948
128
136
3,595
-
3,595
931
2,664
25.27%
20
2,684
12.14
25
Historical Consolidated Balance Sheet
Particulars (INR Mn) Financial Assets (a) Cash and Cash Equivalents (b) Other Bank Balances (c) Derivative financial instruments (d) Securities for trade (e) Receivables (f) Loans (g) Investments (h) Other Financial Assets Total Financial Assets Non Financial Assets Total Assets Financial Liabilities (a)Derivative Financial Instrument (b) Payables (c) Debt Securities (c) Borrowings (other than debt securities) (e) Lease Liabilities (f) Other Financial Liabilities Total Financial Liabilities Non Financial Liabilities Equity (a) Equity Share Capital (b) Other Equity (c) Non Controlling Interest Total Equity Total Equity and Liabilities
FY24
4,572 15,613 296 1,041 142 3,416 1,491 989 27,560 1,121 28,681
239 3,593 - 3,869 159 2,873 10,733 340
383 17,085 140 17,608 28,681
FY25
5,451 19,147 578 1,748 337 5,261 3,545 434 36,501 1,304 37,805
520 4,133 301 4,564 269 4,271 14,058 258
436 22,904 149 23,489 37,805
H1-FY26
3,921 22,809 544 4,513 395 6,723 2,746 365 42,016 1,310 43,326
258 5,277 1,243 3,991 250 6,617 17,636 445
438 24,653 154 25,245 43,326
26
Consolidated Financial Performance
Revenue (INR Mn)
EBITDA (INR MN) & EBITDA Margin (%)
PAT (INR MN) & PAT MARGIN (%)
14,828
14,486
10,882
10,543
6,569
4,927
5,170
45.28%
44.30%
35.69%
4,535
43.01%
7,200
6,800
6,400
6,000
5,600
5,200
4,800
4,400
4,000
3,600
3,200
2,800
2,400
2,000
1,600
1,200
800
400
-
4,258
3,307
3,281
30.39%
28.72%
22.65%
2,664
25.27%
FY23
FY24
FY25
9M-FY26
FY23
FY24
FY25
9M-FY26
FY23
FY24
FY25
9M-FY26
Debt to Equity (x)
Net Worth (INR Mn)
0.23
0.22
0.22
23,340
25,091
17,468
0.20
10,053
FY23
FY24
FY25
H1-FY26
FY23
FY24
FY25
H1-FY26
27
Capital Market Information
1 Year Stock Market Performance (as on 31st Dec, 2025)
70%
50%
30%
10%
-10%
-30%
-50%
-70%
Jan-25
Feb-25
Mar-25
Apr-25
May-25
Jun-25
Jul-25
Aug-25
Sep-25
Oct-25
Nov-25
Dec-25
SHAREINDIA
SENSEX
Price Data (As on 31st Dec, 2025)
Shareholding Pattern (as on 31st Dec, 2025)
Face Value
CMP
52 Week H/L
Market Cap (INR Mn)
No. of Share outstanding (Mn)
Avg. Trading Volume ('000)
2.00
166.55
308.00/127.70
36,445.39
218.83
899.59
FPI, 1.44%
DII, 0.42%
Public, 49.52%
Promoter, 48.62%
28 28
Disclaimer
No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management Share India Securities Limited (“Company” or “Share India Securities Ltd.”), which are expressed in good faith and in their opinion reasonable, including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment.
Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements, including future changes or developments in the Company’s business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments.
This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered or sold in the United States, without registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from registration there from. This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner.
Valorem Advisors Disclaimer: Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review.
For further details, please feel free to contact our Investor Relations Representatives:
Mr. Anuj Sonpal Valorem Advisors Tel: +91-22-49039500 Email: shareindia@valoremadvisors.com Investor Kit Link: https://valoremadvisors.com/share
Mr. Abhinav Gupta Share India Securities Limited CIN:L67120GJ1994PLC115132 Email: abhinav@shareindia.com Website : www.shareindia.com
29
TH NK YOU