Board Meeting20 Jul 2026, 06:30 pm
Indo Thai Securities Ltd Board Approves NCD Issuance, Reappoints Directors
AI Summary
Indo Thai Securities Ltd held its 381st Board Meeting on July 20, 2026, approving un-audited financial results for Q1 FY27 and a Limited Review Report. The board also sanctioned the issuance of Secured, Redeemable, Unlisted, Unrated, Non-Convertible Debentures (NCDs) up to ₹100 Crore. Key management reappointments were confirmed, including Dhanpal Doshi as Managing Director and Parasmal Doshi and Rajendra Bandi as Whole Time Directors. The Memorandum of Association will be altered to support expansion, subject to shareholder approval at the upcoming AGM. The 32nd AGM is scheduled for September 19, 2026.
Key Highlights
- Board approved un-audited Q1 FY27 financial results and Limited Review Report.
- Sanctioned issuance of NCDs up to ₹100 Crore on private placement basis.
- Reappointed Dhanpal Doshi, Parasmal Doshi, and Rajendra Bandi as directors.
- Approved alteration of Memorandum of Association for expansion plans.
- Scheduled 32nd AGM for September 19, 2026.
Price Impact
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