Indo Thai Securities Limited — QIP/Rights/Pref., 20-02-2025: Allotment of Securities

Indo Thai Securities Limited has announced a board meeting on the conversion of 2,72,500 equity convertible warrants into the same number of equity shares at an issue price of ₹376 per share. The total amount raised from this conversion is approximately ₹7.68 crores, with 75% paid by four warrant holders as part of the allotment process. The shares were allotted to non-promoter allottees, further strengthening the company’s equity base. This move follows approvals from BSE and NSE, aligning with previous shareholder resolutions.