Indo Thai Securities Limited has informed the Exchange regarding Outcome of Board Meeting held on May 15, 2026.
INDOTHAI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Indo Thai Securities held its 380th Board Meeting on May 15, 2026, where directors reviewed the Monitoring Agency Report (by CARE Ratings) for the quarter ended March 31, 2026. The report covers utilization of Rs. 118.20 crore raised via a preferential issue (originally Rs. 120.20 crore, reduced after one allottee cancellation). Of the total proceeds, Rs. 100.11 crore has been received so far, with Rs. 94.85 crore already utilized and Rs. 5.26 crore deployed during Q4FY26 itself. The funds are being used as planned: augmenting margin deposits with stock exchanges, providing permissible funding to clients, pro trading, and general corporate purposes. CARE Ratings confirmed there are no deviations from the stated objects and no delays in implementation. As of March 31, 2026, the company has no unutilized balance remaining.
Positive for shareholders as the monitoring agency confirms proper utilization of issue proceeds with zero deviations from the disclosed objects. The complete deployment of available funds indicates the capital is being deployed as intended for business growth.