Description
16.7 lakh equity shares of Indo Thai Securities Limited listed on BSE following preferential allotment through warrant conversion.
Summary
Indo Thai Securities Limited (Scrip Code: 533676) has listed 16,70,000 new equity shares on BSE effective August 14, 2025. These shares were issued at Rs. 50 per share (Re. 1 face value + Rs. 49 premium) to non-promoters through conversion of warrants on preferential basis.
Key Points
- 16,70,000 equity shares of Re. 1/- each issued at premium of Rs. 49/-
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Trading permitted from Thursday, August 14, 2025
- Distribution numbers: 116920191 to 118590190
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
Trading members are informed of the new securities availability for trading on the exchange.
Important Dates
- Allotment Date: April 17, 2025
- Trading Commencement: August 14, 2025
- Lock-in Period Expiry: February 15, 2026
Impact Assessment
Routine corporate action with minimal market impact. The preferential allotment increases the company’s equity base and all new shares are subject to lock-in until February 2026, preventing immediate selling pressure.
Impact Justification
Routine listing of additional shares through warrant conversion with minimal market impact