Indo Thai Securities' Preferential Allotment Committee has approved the conversion of 40,000 warrants into 4,00,000 equity shares. Each warrant converted into 10 shares, now valued at Re. 1/- face value after a stock split. The company received the final payment of Rs. 1.13 Cr from a non-promoter investor, completing the warrant conversion. This move expands the equity base, with the allottee's post-conversion shareholding at 0.39%. This directly impacts the company's capital structure and share float.