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Indo Thai Securities Limited ( (IN:INDOTHAI) ) just unveiled an update.
Indo Thai Securities Limited has announced the conversion of 2,72,500 equity convertible warrants into equity shares, following a committee meeting held on February 20, 2025. The conversion was approved by four warrant holders, resulting in the issue of shares to non-promoter allottees. Each share, priced at Rs. 376, including a premium, was allotted as per the terms approved in a previous shareholders’ resolution. This move signifies a strategic financial maneuver, potentially increasing the company’s capital base and enhancing its market presence.
More about Indo Thai Securities Limited
Indo Thai Securities Limited operates in the financial services industry, primarily focusing on securities trading and providing related financial services. The company is engaged in offering a range of services to its clients, including dealing in shares, stocks, debentures, and other securities.
YTD Price Performance: 48.54%
Average Trading Volume: 6,435
Current Market Cap: 20.04B INR
For a thorough assessment of INDOTHAI stock, go to TipRanks’ Stock Analysis page.