Indo Thai Securities Allots 2,00,000 Equity Shares Following Warrant Conversion

1 min read     Updated on 10 Jan 2026, 03:15 PM
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Overview

Indo Thai Securities Limited allotted 2,00,000 equity shares on January 10, 2026, following warrant conversion by non-promoter investor Ashu Bishnoi. The conversion involved 20,000 warrants at ₹37.50 each (adjusted post-stock split) for total consideration of ₹75.00 lakh, giving the allottee 0.15% shareholding with 2,10,000 warrants remaining outstanding.

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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.

Parameter Details
Warrants Converted 20,000
Equity Shares Allotted 2,00,000
Face Value per Share ₹1.00
Conversion Price per Warrant ₹37.50
Total Consideration ₹75.00 lakh

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.

Metric Details
Allottee Name Ashu Bishnoi
Shares Received 2,00,000
Total Holding 2,00,000
Shareholding Percentage 0.15%
Category Non-Promoter
Outstanding Warrants 2,10,000

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.

Historical Stock Returns for Indo Thai Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+3.46%-10.26%-34.09%+36.84%+60.94%+7,121.43%
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Indo Thai Securities CFO Deepak Sharma Resigns Effective January 13, 2026

1 min read     Updated on 07 Jan 2026, 06:43 PM
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Reviewed by
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Overview

Indo Thai Securities Limited announced the resignation of Chief Financial Officer Deepak Sharma, effective January 13, 2026. The resignation, citing pursuit of external professional opportunities, was submitted on January 6, 2026. The company expressed appreciation for Sharma's services and is currently searching for a replacement CFO, with an announcement expected soon.

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*this image is generated using AI for illustrative purposes only.

Indo Thai Securities Limited has announced the resignation of its Chief Financial Officer, Mr. Deepak Sharma, effective January 13, 2026. The resignation was formally communicated to stock exchanges on January 7, 2026, in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

Mr. Deepak Sharma submitted his resignation letter on January 6, 2026, citing the pursuit of external professional opportunities as the reason for his departure. The resignation will take effect from the closure of business hours on January 13, 2026.

Parameter Details
Position Chief Financial Officer (Key Managerial Personnel)
Resignation Date January 6, 2026
Effective Date January 13, 2026 (after business hours)
Reason Pursuit of external professional opportunities

Company Response and Transition

The company has placed on record its appreciation for the services rendered by Mr. Deepak Sharma during his tenure as Chief Financial Officer. In his resignation letter, Sharma expressed gratitude to the Board and promoter group for their support and guidance during his tenure, wishing the company continued success in future endeavors.

Indo Thai Securities is currently in the process of appointing a new Chief Financial Officer. The company has indicated that an intimation regarding the new appointment will be made in the coming days and will be communicated to stock exchanges in accordance with applicable regulations.

Regulatory Compliance

The disclosure has been made pursuant to SEBI Listing Regulations and SEBI Circular bearing reference number SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has confirmed that there are no other material reasons for the resignation apart from the stated professional opportunities.

The resignation represents a key management change for Indo Thai Securities as the company transitions to new financial leadership while maintaining regulatory compliance and operational continuity.

Historical Stock Returns for Indo Thai Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+3.46%-10.26%-34.09%+36.84%+60.94%+7,121.43%
Indo Thai Securities
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