Indo Thai Securities Limited has informed the Exchange regarding allotment of 1750000 securities pursuant to conversion of warrants into equity shares issued on preferential basis at its meeting held on October 31, 2025
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Indo Thai Securities Limited has allotted 17,50,000 equity shares to warrant holders who chose to convert their warrants into shares. These warrants had originally been issued on a preferential basis earlier. The allotment was approved at the company's board meeting held on October 31, 2025. With this conversion, the number of outstanding warrants goes down while the company's equity share base goes up by 17.5 lakh shares. The company has now filed this intimation with the stock exchange as required under listing rules.
This is a routine completion of a previously announced preferential warrant issue. Shareholders should expect mild dilution of their holding because of the new shares being issued, but since the warrants were already disclosed earlier, the stock price impact is usually limited. It also signals that the company is successfully raising the planned equity capital from the identified allottees.