ALPHA TRIBE

Indo Thai Securities LimitedOthers, 30-05-2025: Amendment to AOA/MOA

30-05-2025 | 08:48 pm

Indo Thai Securities Limited has announced a board meeting outcome approving the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2025, with a clean audit opinion. Dividend declaration is deferred. The Board approved a share split from Rs.10 to Rs.1 per share to improve affordability and liquidity, pending shareholder approval. Amendments to the Capital and Object Clauses were approved to support expansion, along with plans to incorporate a wholly-owned subsidiary and form a Business Strategy Committee. Borrowing limits and asset disposal powers were proposed for increase, subject to member consent. The Standalone revenue stood at Rs. 2671.86 lakhs with a net loss of Rs. 911.39 lakhs, while consolidated revenue was Rs. 2633.46 lakhs with net profit of Rs. 789.06 lakhs. Negative operating cash flow signals increased business activity and investments, underpinned by growth in assets and equity.

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