Indo Thai Securities Limited — Important, 16-10-2025: Committee Meeting Updates
16-10-2025 | 01:03 pm
16-10-2025 | 01:03 pm
Indo Thai Securities' Preferential Allotment Committee approved the conversion of 1,57,300 warrants into 15,73,000 new equity shares. This strategic move occurred after the company received the final 75% of the issue price, reflecting adjustments from a prior stock split where face value became Re. 1. Each warrant converted into 10 equity shares. This allotment injected 5.89 Crore rupees into the company, significantly expanding its equity base and strengthening its financial position. This shows commitment from warrant holders and improves the company's capital structure.
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