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Indo Thai Securities Limited has announced a board meeting to approve the conversion of 1,67,000 warrants into an equal number of equity shares. The shares, with a face value of ₹10 each, will be issued at ₹500 each, including a premium of ₹490. Total funds raised through this conversion amount to ₹6.26 crore. The allotment was made to four non-promoter individuals based on their respective warrants, impacting their post-allotment shareholding percentages. This move strengthens the capital structure of the company following prior shareholder approvals.