Board Meeting20 Jul 2026, 06:20 pm
Indo Thai Securities Approves ₹100 Cr NCD Issue, Q1 Results
AI Summary
Indo Thai Securities Ltd held its 381st Board Meeting on July 20, 2026, approving un-audited standalone and consolidated financial results for Q1 ended June 30, 2026. The board also sanctioned the issuance of Secured, Redeemable, Unlisted, Unrated, Non-Convertible Debentures (NCDs) up to ₹100 Crore on a private placement basis. Additionally, a Debenture Issuance, Allotment and Redemption Committee was constituted. The Memorandum of Association will be altered to support expansion plans, subject to shareholder approval. Re-appointments of Managing Director and Whole-Time Directors were also approved. The 32nd Annual General Meeting is scheduled for September 19, 2026.
Key Highlights
- Approved Q1 FY27 un-audited standalone and consolidated financial results.
- Sanctioned issuance of NCDs up to ₹100 Crore via private placement.
- Approved alteration of Memorandum of Association for expansion.
- Re-appointed key directors, including MD and Whole-Time Directors.
- Scheduled 32nd AGM for September 19, 2026, with e-voting.
Price Impact
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