Announced Fri, 24 Jul · 16:39 IST
Unsecured Creditors Meeting Held for Demerger Scheme
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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
—1-day move
₹215.97
prior close
₹217.00
base price
After-mkt
timing
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AI summary
A court-convened meeting of unsecured creditors of Indo Thai Securities was held on 24 July 2026 via video conferencing, as directed by NCLT Indore Bench. The meeting considered a special resolution to approve a scheme of arrangement (demerger) between Indo Thai Securities, Indo Thai Financial Services, and their shareholders. 27 of 1004 unsecured creditors attended, meeting the required quorum of 15. Voting results will be shared within 2 working days.
Likely market impact
A step in the demerger process; voting outcome will determine if the scheme moves forward.