Indo Thai Securities Limited — Important, 30-07-2025: Committee Meeting Updates
30-07-2025 | 06:07 pm
30-07-2025 | 06:07 pm
Indo Thai Securities Limited's Preferential Allotment Committee has approved the conversion of 2,00,000 warrants into 20,00,000 new equity shares. This conversion, at a face value of Re. 1 per share (adjusted for a stock split), occurred after the company received the remaining 75% of the issue price from the warrant holder, Intellect Money Finvest Private Limited. The allotment brings in Rs. 5.64 Crore in capital. This increases the company's equity base, with Intellect Money Finvest now holding 1.66% of the company's post-allotment shares.
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