Indo Thai Securities Limited (INDOTHAI) — Corporate Action Announcement
📢 Key Event
Indo Thai Financial Services Limited increased authorized share capital from ₹30 lakhs to ₹15 crores.
🔄 What Changed
Authorized Share Capital increased 50-fold from ₹30,00,000 (30 lakh shares) to ₹15,00,00,000 (15 crore shares); par value remains ₹1 per share.
💡 Investor Takeaway
The massive increase in authorized capital for the resulting company enables operational flexibility post-demerger but does not immediately dilute existing shareholders' holdings.
Indo Thai Financial Services Limited, the resulting company in a demerger scheme with Indo Thai Securities Limited, has increased its Authorized Share Capital from **₹30 lakhs** to **₹15 crores** (a **50x increase**), with equity shares remaining at **₹1 each**. This 50-fold expansion in authorized capital supports the demerger structure and future operational requirements of the separated entity.
📄 View Original Announcement (PDF)
About Indo Thai Securities Limited (INDOTHAI)
Financial Services · Capital Markets · Listed on NSE
Market Cap: ₹3,463.69 Cr
P/E: 266.6
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.