Indo Thai Securities Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 27, 2025
INDOTHAI · price
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Indo Thai Securities Limited held its 31st AGM on September 27, 2025, via video conferencing, with 48 members present and the meeting concluding in about 22 minutes. The Chairman shared FY2024-25 highlights including a net profit of ₹91.14 million and a net worth of ₹1,784.12 million, supported by a preferential issue that raised approximately ₹155.05 crore (of which ₹113.90 crore was received). The Company recently executed a 10:1 stock split (₹10 face value shares subdivided into ₹1 face value shares, approved at an EGM on July 2, 2025) and declared a 10% interim dividend. Shareholders approved the standalone and consolidated financial statements, re-appointment of Mr. Parasmal Doshi as director, appointment of the secretarial auditor, and alteration of the Object Clause of the Memorandum of Association.
The disclosures are positive for shareholders: the stock split improves liquidity and retail participation, the 10% interim dividend signals cash returns, and the preferential raise supports growth in margin deposits, client funding, and proprietary trading. No material governance red flags emerged, though the relatively brief meeting and absence of any registered speaker shareholders may indicate limited retail engagement.