Indo thai securities Limited has completed the allotment of 2,00,000 equity shares following the conversion of warrants by an investor. The Preferential Allotment Committee meeting held on January 10, 2026, approved the conversion of 20,000 warrants into equity shares at the company's registered office in Indore.

Warrant Conversion Details

The conversion involved 20,000 equity convertible warrants being converted into 2,00,000 equity shares, reflecting the 1:10 ratio adjustment implemented after the company's stock split. Each warrant was converted at an adjusted price of ₹37.50, representing 75% of the revised issue price following the stock split that reduced the face value from ₹10.00 to ₹1.00 per share with effect from July 18, 2025.

Allottee Information

Ashu Bishnoi, classified as a non-promoter investor, received the entire allotment of 2,00,000 equity shares. The allotment represents the investor's total holding in the company, giving them a 0.15% shareholding post-conversion.

Regulatory Compliance

The allotment was conducted in accordance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The conversion was executed as per the terms approved by shareholders through a resolution passed in the Extra-Ordinary General Meeting held on October 11, 2024. The company had received in-principle approvals from both BSE Limited and the National Stock Exchange of India Limited on January 1, 2025.

Outstanding Position

Following this conversion, Ashu Bishnoi retains 2,10,000 warrants that remain outstanding for potential future conversion. The newly allotted equity shares rank pari-passu with the existing equity shares of the company, providing the allottee with equal rights and privileges as other shareholders.

Indo Thai Securities Limited announced another successful warrant conversion through its Preferential Allotment Committee meeting held on January 7, 2026. The committee approved the conversion of 40,000 equity convertible warrants into 4,00,000 equity shares, raising ₹1,12,80,000 from the allottee. This follows the company's previous warrant conversion completed on December 31, 2025, where 30.95 lakh shares were allotted to four different allottees.

Latest Warrant Conversion Details

The conversion was executed at a 10:1 ratio, where each warrant was converted into 10 equity shares following the company's stock split implemented on July 18, 2025. The face value of each equity share remains at ₹1 per share due to this stock split. The allottee paid the remaining 75% of the issue price, amounting to ₹28.20 per share (adjusted from ₹282 per warrant due to the stock split).

Allottee Information and Shareholding

The warrant conversion involved a single non-promoter allottee, Girdharilal Jagetiya, who received the entire allocation of 4,00,000 shares. Following this conversion, the allottee holds a 0.39% stake in the company.

Meeting and Regulatory Compliance

The Preferential Allotment Committee meeting was conducted at the company's registered office at Capital Tower, 2nd Floor, Plot Nos. 169A-171, PU-4, Scheme No. 54, Behind C-21 Mall, Indore – 452010 (M.P.). The meeting commenced at 6:00 PM and concluded at 6:30 PM on January 7, 2026.

The allotment was conducted in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The conversion was based on terms approved by shareholders through a resolution passed in the Extra-Ordinary General Meeting held on June 7, 2024, with in-principle approvals from both BSE Limited and National Stock Exchange of India Limited dated July 3, 2024.

Securities Details and Post-Conversion Status

The newly allotted equity shares are pari-passu with the existing equity shares of the company. This represents a preferential issue in accordance with Chapter V of the SEBI ICDR Regulations and other applicable laws. The company has filed the necessary disclosures with both BSE Limited (Scrip Id: 533676) and National Stock Exchange of India Limited (Symbol: INDOTHAI) as per regulatory requirements.

With this conversion, Girdharilal Jagetiya has no outstanding warrants remaining for conversion, completing the warrant conversion process for this allottee. The company continues to maintain its compliance with all regulatory disclosure requirements for such corporate actions.