
Loan & Debt20 Jul 2026, 07:40 pm
Indo Thai Securities Approves ₹100 Cr NCD Issuance
AI Summary
Indo Thai Securities Ltd's Board of Directors, in its 381st meeting held on July 20, 2026, approved the issuance of Secured, Redeemable, Unlisted, Unrated, Non-Convertible Debentures (NCDs) up to ₹100 Crore. The issuance will be in one or more tranches on a private placement basis, subject to regulatory approvals. The company also approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026, and the constitution of a Debenture Issuance, Allotment and Redemption Committee. Additionally, alterations to the Memorandum of Association and re-appointments of directors were approved. The 32nd Annual General Meeting is scheduled for September 19, 2026.
Key Highlights
- Board approved issuance of NCDs up to ₹100 Crore via private placement.
- Unaudited Q1 FY27 financial results were considered and approved.
- A committee for NCD issuance, allotment, and redemption was formed.
- Alterations to Memorandum of Association and director re-appointments approved.
- 32nd AGM scheduled for September 19, 2026, with e-voting details provided.
Price Impact
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