Share India Securities Limited plans to raise up to Rs 200 crore through a preferential issue of convertible warrants, with the Board authorizing the Finance Committee to finalize the terms and conditions. The company also approved the incorporation of a new subsidiary in the financial services industry, with a planned investment of up to Rs 120 crore, also to be determined in tranches by the Finance Committee. Further details regarding investors, issue price, and shareholding will be disclosed after the allotment of securities and as warrants are converted or lapse, respectively.