StockWatch
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Stockbroking & Allied
AGM/EGM19 Jun 2026, 06:10 pm

Indo Thai Securities Shareholders Meeting for Scheme of Arrangement

AI Summary

Indo Thai Securities Ltd has announced a meeting of its Equity Shareholders to be held on July 24, 2026, via Video Conferencing/Other Audio-Visual Means (VC/OAVM). The meeting is convened as per the directions of the National Company Law Tribunal (NCLT), Indore Bench, to consider and approve a Scheme of Arrangement for the demerger of its Broking and Distribution Business into Indo Thai Financial Services Ltd (ITFSL). The notice, along with the Explanatory Statement and Scheme details, has been dispatched to shareholders and uploaded on the company's website. The meeting will include provisions for remote e-voting and e-voting during the meeting.

Key Highlights

  • Shareholders meeting scheduled for July 24, 2026, via VC/OAVM.
  • Purpose: Approve Scheme of Arrangement for demerger of business.
  • Meeting convened as per NCLT Indore Bench directions.
  • Includes remote e-voting and e-voting during the meeting.
  • Scheme involves demerger into Indo Thai Financial Services Ltd.