NSEScheme of Arrangement19 Jun 2026 · 19 Jun 2026, 06:23 pm
Scheme of Arrangement
Indo Thai Securities Limited · INDOTHAI
✦ AI Summary
Indo Thai Securities Limited (ITSL) has announced that a meeting for its unsecured creditors will be convened on July 24, 2026. This meeting, directed by the National Company Law Tribunal, Indore Bench, aims to discuss a proposed Scheme of Arrangement. The scheme involves ITSL, Indo Thai Financial Services Limited (ITFSL), and their respective shareholders. For investors, this signifies ongoing corporate restructuring efforts, which could lead to changes in the company's operational structure and future valuation over the long term.
Full Announcement
Indo Thai Securities Limited has informed the Exchange about Notice of meeting of the Unsecured Creditors of the Company convened as per the directions of the National Company Law Tribunal, Indore Bench in the matter of the Scheme of Arrangement between Indo Thai Securities Limited ( ITSL or the Company ), and Indo Thai Financial Services Limited ( ITFSL ) and their respective Shareholders to be held on 24th July, 2026.