Indo Thai Securities Limited has informed the Exchange that the Board of Directors at its meeting held on May 30, 2025, has considered and approved subdivision of 1 equity shares of Rs. 10 each into 10 equity shares of Re. 1 each.
INDOTHAI · price
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On the reaction day the stock moved 3.1 pts less than Nifty Microcap 250 and 4.4 pts less than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of Indo Thai Securities Limited, at its meeting held on May 30, 2025, approved the subdivision of 1 equity share of face value Rs. 10 each into 10 equity shares of face value Re. 1 each. This means every shareholder will hold 10 times more shares, but each share will be worth one-tenth of the previous face value. The total investment value of shareholders remains unchanged. The company will need to seek shareholder approval and fix a record date for the split to take effect.
The stock price is expected to adjust downward proportionally (roughly to one-tenth of its pre-split price), making shares more affordable and potentially improving liquidity and retail participation. No real change in company value — purely a cosmetic change in share count and face value.