
Corporate Action8 Jun 2026, 11:35 am
Indo Thai Securities Allots 10 Lakh Shares Post Warrant Conversion
AI Summary
Indo Thai Securities Limited's Preferential Allotment Committee approved the conversion of 100,000 Equity Convertible Warrants into 10,00,000 equity shares. This conversion follows the receipt of the remaining 75% of the issue price from two warrant holders. The allotment is on a pari-passu basis with existing equity shares, as previously approved by shareholders and regulatory bodies. The face value of each equity share is Rs. 1/-, adjusted post-stock split. The total consideration received for this allotment amounts to ₹3,75,00,000.
Key Highlights
- 10,00,000 equity shares allotted via warrant conversion.
- Conversion follows receipt of remaining 75% issue price.
- Allotment is pari-passu to existing equity shares.
- Face value per share adjusted to ₹1 post-stock split.
- Total consideration received is ₹3,75,00,000.
Price Impact
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