StockWatch
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Stockbroking & Allied
Corporate Governance20 Jul 2026, 06:30 pm

Indo Thai Securities Reports No Deviation in Preferential Issue Funds

AI Summary

Indo Thai Securities Limited has filed a statement confirming no deviation or variation in the utilization of funds raised through preferential issue of warrants. The company raised ₹3,75,00,000 on June 8th, July 3rd, and July 13th, 2026, via warrants convertible into equity shares. The funds were intended for augmenting margin deposits, providing funding to clients, pro trading, and general corporate purposes. The report for the quarter ended June 30th, 2026, indicates that all allocated funds were utilized as planned, with no deviation from the original objects or amounts. CARE Ratings Limited is the monitoring agency.

Key Highlights

  • No deviation reported in the utilization of preferential issue funds.
  • ₹3,75,00,000 raised via convertible warrants in June/July 2026.
  • Funds allocated for margin deposits, client funding, and general corporate purposes.
  • Report covers the quarter ended June 30th, 2026.
  • CARE Ratings Limited acts as the monitoring agency.