Indo Thai Securities Limited has informed the Exchange regarding allotment of equity shares on January 10, 2026 pursuant to conversion of warrants issued through Preferential Issue.
INDOTHAI · price
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Indo Thai Securities has allotted 2,00,000 equity shares (face value Re. 1 each) to Ashu Bishnoi, a non-promoter, upon conversion of 20,000 warrants at a 1:10 ratio (adjusted for the recent stock split). The company received the balance 75% of the issue price, amounting to Rs. 75 lakh, at Rs. 37.5 per share (originally Rs. 500 per warrant pre-split). Post-allotment, the allottee holds 0.15% of the company's share capital. After this conversion, 2,10,000 warrants (face value Rs. 10 each) remain outstanding for future conversion.
This is a routine warrant-to-equity conversion that results in mild equity dilution (the allottee's holding is only 0.15%), so the impact on existing shareholders is minimal. The Rs. 75 lakh inflow strengthens the company's capital base, but the small size of the transaction means it is unlikely to move the stock price meaningfully.