Share India Securities Ltd. a provider of algo trading solutions is on investors radar today. The company released a significant update after market hours last Tuesday. The company said that as per the last information given on October 30 2025 the Board of Directors had approved the formation of a new subsidiary company and investment in it through equity share capital. The proposed name of this subsidiary was Share India Greyhill Private Limited or any other name approved by the Registrar of Companies. The company has now informed that this subsidiary has been formally incorporated under the name Share India Cred Capital Private Limited on January 6 2026. The company has CIN: U64990UP2026PTC240582 and is registered under the Registrar of Companies Kanpur. The company also informed that it has received the Certificate of Incorporation of this subsidiary from the Ministry of Corporate Affairs (MCA) on January 6 2026 at 2:38 pm. As of last seen the stock was trading 0.75% or Rs 1.20 lower at Rs 157.80 on the BSE. This company is one of the leading providers of algorithmic trading solutions serving clients not only in India but also abroad. According to information from the companys website the company has primarily served HNIs (High Net-worth Individuals) but now the companys focus is on strengthening its presence in the retail segment. Meanwhile benchmark indices Sensex and Nifty drifted lower in early trade on Wednesday as geopolitical tensions and renewed concerns about potential US tariff hikes weighed on investor sentiments. Sustained foreign fund outflows also dragged markets lower during the initial trade. The 30-share BSE Sensex declined 169.64 points to 84909.30 in early trade. The 50-share NSE Nifty went down 42.35 points to 26128.90. From the 30-Sensex firms Tata Motors Passenger Vehicles Bharti Airtel HDFC Bank Bajaj Finserv Bajaj Finance and Maruti were among the biggest laggards.