Indo Thai Securities Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Update on Femto Green Hydrogen Limited, a Subsidiary Company of Indo Thai Securities Limited'
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Indo Thai Securities' subsidiary Femto Green Hydrogen Ltd. has begun research partnership discussions with CREATE (Center for Research and Education in Advanced Transportation Ecosystems) at Purdue University, Indiana, USA. CREATE's director, Dr. Manoj Patankar, has been evaluating Femto's proprietary fuel efficiency technology for the past three years, and his research showed an 18%-31% improvement in diesel fuel economy along with reductions in CO, CO2, and NO2 emissions, based on field trials on school buses in Carmel, Indiana. On 9 March 2026, Dr. Patankar visited Femto's Indore headquarters to discuss a structured roadmap for further validation and possible commercial deployment. A Letter of Intent has been proposed to formalize the partnership, but no agreement has been signed yet.
This is an early-stage development with no signed agreement, so there is no immediate revenue or valuation impact for Indo Thai Securities shareholders. However, it represents positive third-party validation of the subsidiary's technology from a recognised US university, which could support future commercialisation if the partnership moves forward.