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.

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.

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.