Indo Thai Securities Limited has announced the adoption of a new business line in the financial services sector, specifically focusing on Alternate Investment Funds (AIF) under SEBI regulations. The company made this disclosure to stock exchanges on February 16, 2026, in compliance with regulatory requirements.

Business Expansion Details

The new business venture falls under the Financial Services sector, specifically targeting Alternate Investment Fund operations under SEBI (Alternative Investment Funds) Regulations, 2012. This strategic move represents an expansion of the company's existing business portfolio into the growing alternative investment space.

Investment and Expected Benefits

Indo Thai Securities Limited plans to invest approximately Rs. 15 crores in this new business vertical. The company expects this strategic expansion to deliver multiple benefits including revenue growth, operational synergies, and enhanced market positioning over the medium to long term.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The announcement was communicated to both BSE Limited and National Stock Exchange of India Ltd. simultaneously.

Company Information

The disclosure was signed by Shruti Sikarwar, Company Secretary cum Compliance Officer (Membership No.: A61132), on behalf of Indo Thai Securities Limited. The company trades on BSE with Scrip Id 533676 and on NSE with the symbol INDOTHAII, under ISIN INE337M01021.

Indo Thai Securities Limited's Board of Directors convened their 378th meeting on February 12, 2026, to review the monitoring agency report for the quarter ended December 31, 2025. The meeting, held at the company's registered office in Indore, addressed the utilization of proceeds from the company's preferential issue under SEBI regulations.

Monitoring Agency Assessment

CARE Ratings Limited, serving as the monitoring agency, submitted a comprehensive report confirming no deviations from the stated objects of the preferential issue. The monitoring agency evaluated the company's fund utilization against the original disclosure requirements and found complete compliance with regulatory guidelines.

Preferential Issue Details

The company's preferential issue was structured to raise Rs. 120.20 crore through equity shares and convertible warrants. However, due to the cancellation of one allottee, the final issue size was reduced to Rs. 118.20 crore.

Fund Utilization Progress

During Q3FY26, Indo Thai Securities utilized Rs. 10.33 crore of the issue proceeds. The company received Rs. 13.21 crore during the quarter, of which Rs. 10.33 crore was deployed for the stated objects, leaving Rs. 2.88 crore unutilized from the quarter's receipts.

Deployment of Unutilized Proceeds

The company has strategically deployed the unutilized funds of Rs. 5.26 crore across liquid investments and bank accounts. The deployment includes Rs. 4.50 crore in liquid mutual funds generating returns between 6.35% and 6.54%, with the remaining amount maintained in monitoring and allotment accounts.

General Corporate Purpose Utilization

The company utilized Rs. 2.92 crore for general corporate purposes during Q3FY26, covering various operational expenses including tax payments, commission payments, and administrative costs. The largest component was income tax and TDS payments amounting to Rs. 2.10 crore.

Regulatory Compliance

The monitoring agency confirmed that all fund utilization aligned with the original offer document disclosures. No shareholder approval was required as there were no material deviations from the stated objects. The company maintains its completion timeline of July 14, 2026, which is 18 months from the initial allotment date.