Indo Thai Securities Allots 10 Lakh Shares Post Warrant Conversion

Indo Thai Securities Limited has approved the allotment of 10,00,000 equity shares following the conversion of 1,00,000 warrants. This conversion, which occurred on June 8, 2026, involved two warrant holders, Saurabh Vora and Atithi Vora, who each converted 50,000 warrants. The conversion was based on a ratio of 1 warrant to 10 equity shares, adjusted for a stock split that changed the face value from Rs. 10 to Rs. 1. The total amount received for this conversion was Rs. 3,75,00,000. This allotment is part of a preferential issue and has received prior approvals from shareholders and stock exchanges.