Indo Thai Securities Limited has informed the Exchange regarding allotment of 167000 Equity Shares pursuant to conversion of warrants at its Preferential Allotment Committee meeting held on April 17, 2025
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Indo Thai Securities Limited has informed the stock exchange about the allotment of 167,000 equity shares following the conversion of warrants. The allotment was approved at a meeting of the Preferential Allotment Committee held on April 17, 2025. This is part of a previously announced preferential issue where warrants were issued to certain allottees. The conversion increases the company's paid-up equity share capital correspondingly.
Existing shareholders will see a marginal dilution in their holding due to the issuance of new shares. The company receives additional equity capital as warrant holders exercise their conversion rights, strengthening its capital base.