Indo Thai Securities Limited — Important, 29-03-2025: Updates

Indo Thai Securities Limited has participated in the buyback offer of its associate company, Indo Thai Commodities Private Limited, tendering 4,64,500 equity shares. The total consideration received from this sale amounts to Rs 60,38,500 (approximately 60.39 Cr), at a price of Rs 13 per share. Following this transaction, Indo Thai Securities' stake in Indo Thai Commodities has decreased from 7,44,100 shares (40.05% holding) to 2,79,600 shares (20.06% holding). This strategic move marks a significant reduction in ownership and could potentially enhance liquidity for Indo Thai Securities, allowing for reinvestment opportunities. Investors should monitor the implications of this transaction on the company’s overall strategy and financial flexibility.