Announced Tue, 23 Jun · 19:32 IST
NCLT meeting of unsecured creditors on 24 July for scheme of arrangement
INDOTHAI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.3%1-day move
₹225.03
prior close
₹225.02
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.5+1.2+0.9+2.3-1.3+0.6+3.9+11.1+7.5-2.7-4.0——
Up moveDown movePending
AI summary
Indo Thai Securities informed the exchange that a meeting of unsecured creditors will be held on 24 July 2026 at 3 PM via video conferencing, as directed by the NCLT Indore Bench. The meeting will consider a proposed Scheme of Arrangement between ITSL and Indo Thai Financial Services Limited (Resulting Company) under Sections 230 to 232 of the Companies Act, 2013. Letters are being sent to creditors without registered email IDs, providing a weblink to the notice.
Likely market impact
Procedural step in the demerger or restructuring process. Approval of the scheme could affect share structure and value.