Description

BSE announces listing of 2 million equity shares of Indo Thai Securities Limited issued at Rs. 37.60 per share on preferential basis pursuant to warrant conversion, with lock-in until April 30, 2026.

Summary

BSE has listed 2,000,000 equity shares of Indo Thai Securities Limited (Scrip Code: 533676) issued on preferential basis to non-promoters pursuant to warrant conversion. The shares are available for trading from October 8, 2025, with a lock-in period until April 30, 2026.

Key Points

  • 2 million equity shares of face value Rs. 1.00 each issued at premium of Rs. 36.60
  • Issue price: Rs. 37.60 per share
  • Allotted to non-promoters on preferential basis through warrant conversion
  • Allotment date: July 30, 2025
  • Distinguished numbers: 118590191 to 120590190
  • New shares rank pari-passu with existing equity shares
  • ISIN: INE337M01021

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the listing of new securities
  • Lock-in restrictions apply to all 2 million shares until April 30, 2026
  • Shares issued pursuant to warrant conversion on preferential basis must comply with SEBI regulations

Important Dates

  • Allotment Date: July 30, 2025
  • Trading Commencement: October 8, 2025 (Wednesday)
  • Lock-in Expiry: April 30, 2026
  • Notice Date: October 7, 2025

Impact Assessment

Market Impact: Low - This is a company-specific listing event for Indo Thai Securities Limited. The preferential allotment of 2 million shares increases the company’s equity base and may lead to minor dilution for existing shareholders.

Operational Impact: Minimal - Standard listing process with no changes to trading mechanisms. The lock-in period prevents immediate selling pressure from allottees.

Investor Impact: Relevant only to Indo Thai Securities Limited shareholders and potential investors. The warrant conversion indicates fund-raising activity by the company, with proceeds likely used for business operations or expansion.

Impact Justification

Routine preferential allotment listing for a specific company affecting only Indo Thai Securities Limited shareholders and investors.