Indo Thai Securities Limited Schedules Unsecured Creditors Meeting for Proposed Scheme of Arrangement
Indo Thai Securities Limited (ITSL) has scheduled a meeting for the Unsecured Creditors concerning a proposed Scheme of Arrangement involving the company and Indo Thai Financial Services Limited. The gathering, convened as per the directions of the National Company Law Tribunal (NCLT), Indore Bench, is set to take place in July 2026.The meeting aims to consider and potentially approve the proposed Scheme amongst ITSL and Indo Thai Financial Services Limited (ITFSL) and their respective shareholders. This action pertains to the provisions of Sections 230 to 232 of the Companies Act, 2013.
ITSL has ensured that all Unsecured Creditors can access the necessary documentation. For those creditors whose email addresses were not registered with the company, a special letter has been issued providing a web-link where the Notice of Meeting and the accompanying annexures are available. The meeting notice is also accessible on the websites of Central Depository Services Limited (CDSL) and the relevant stock exchanges, including BSE Limited and National Stock Exchange of India Limited (NSE).
Key details regarding the Unsecured Creditors meeting include:
| Detail | Specification |
|---|---|
| Meeting Date | Friday, 24th July 2026 |
| Meeting Time | 3:00 PM (IST) |
| Mode of Meeting | Video Conferencing / Other Audio-Visual Means (VC/OAVM) |
| Remote E-voting Start | Monday, 20th July 2026 at 9:00 A.M. (IST) |
| Remote E-voting End | Thursday, 23rd July 2026 at 5:00 P.M. (IST) |
| Mode of Voting | Remote e-voting and e-voting during the meeting |
The Notice of Meeting is being sent electronically to Unsecured Creditors whose email addresses are registered with ITSL. The specific web-link for the Notice of the Meeting, along with the explanatory statement, has been provided for creditors who were unable to receive the electronic notice.
INDOTHAI Stock Price Movement
Indo Thai Securities Limited shares slipped by 0.26% today, settling at ₹225.02 in after-hours trading. The equity saw heavy activity during the session, with a total traded volume reaching 1.98 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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