Indo Thai Securities Limited has informed the Exchange regarding allotment of 10,00,000 Equity Shares pursuant to conversion of warrants at its Preferential Allotment Committee meeting held on Jun 08, 2026
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Indo Thai Securities Limited has allotted 10,00,000 (10 lakh) equity shares following the conversion of warrants. The conversion was approved at the company's Preferential Allotment Committee meeting held on June 8, 2026. These shares have been issued to warrant holders as per the terms of the earlier preferential allotment. As a result, the company's paid-up equity share capital will increase accordingly. The company has informed the stock exchange about this allotment in compliance with listing requirements.
This will lead to dilution of existing shareholders' holdings, though it is part of a previously announced preferential issue. The conversion also brings in capital to the company from warrant holders exercising their rights, which is mildly positive for the balance sheet.