Indo Thai Securities Limited — Others, 30-05-2025: Appointment

Indo Thai Securities has announced a board meeting outcome approving the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, with clean auditor opinions. The board deferred dividend declaration. It approved a share sub-division from Rs. 10 to Rs. 1 face value to boost affordability and liquidity, subject to shareholder approval. Amendments to the Memorandum of Association will facilitate expansion into new financial advisory services. A wholly-owned subsidiary will be formed, and a Business Strategy Committee established. Borrowing and disposal limits were increased, pending shareholder consent. Standalone total income stood at Rs. 26.83 Cr with a net loss of Rs. 1.98 Cr; consolidated total income was Rs. 27.19 Cr with a net loss of Rs. 2.58 Cr. Cash flow was negative due to working capital changes and taxes. These moves aim to enhance market participation and support growth plans.