INDOTHAINSEINDO THAI SEC LTD· FinanceMediumNeutral
Announced Mon, 20 Jul · 18:21 IST

Q1 results, 100 Cr NCD plan, new auditor and director re-appointments

Management Changes View source PDF

INDOTHAI · price

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Price reaction · full curve 14 horizons · vs prior close
-1.4%1-day move
₹219.99
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₹220.00
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AI summary

Indo Thai Securities board approved Q1FY27 results with consolidated PAT of Rs 388.74 lakhs (up from Rs 97.47 lakhs YoY) and revenue of Rs 2,061.86 lakhs. Board approved issuance of secured unlisted NCDs up to Rs 100 crore via private placement. Re-appointed Dhanpal Doshi as MD and Parasmal Doshi and Rajendra Bandi as Whole Time Directors for 3 years. Appointed Vinod Singhal and Co LLP as new statutory auditor for 5 years, replacing SPARK and Associates whose term ends at the 32nd AGM on 19th September 2026.

Likely market impact

Strong Q1 profit growth and NCD fundraising plan. Routine auditor rotation at AGM. Director re-appointments ensure board continuity.