Please refer the attached document

CIN: L66120MP1995PLC008959 Date: 4th August, 2026 To, To, The Listing Department The Listing Department BSE Limited National Stock Exchange of India Ltd. Department of Corporate Affairs Exchange Plaza, Plot No. C/1, G Block Phiroze Jeejeebhoy Towers Bandra-Kurla Complex, Dalal Street Bandra (E) Mumbai - 400 001 Mumbai - 400 051 ISIN- INE337M01021 ISIN- INE337M01021 Scrip Id- 533676 Symbol - INDOTHAI Dear Sir/Madam, Sub: Clarification on Price Movement Dear Sir/Madam, This is with reference to the email received from banking/ lending institution(s) and queries from investor(s) regarding the significant movement in the price of the equity shares of the Company. In this regard, we wish to clarify that the movement in the price of the Company's securities is purely market-driven. The management of the Company has no control over, nor it is aware of, any specific reason that may have led to such movement in the share price. We further wish to state that the Company's business operations continue in the ordinary course without any material adverse impact and its liquidity position remains adequate. Further, at present, there is no unpublished price-sensitive information or material event requiring disclosure that has not already been disseminated to the Stock Exchanges in accordance with the applicable regulatory requirements. Additionally, there has been no change in the number of equity shares held by the promoter/promoter group. The promoter/promoter group has neither sold any of its equity shares nor created any pledge on its shareholding, and their holding continues as previously disclosed. Further, the percentage of promoter/promoter group shareholding may appear to have reduced solely on account of the increase in the total paid-up equity share capital of the Company pursuant to the allotment of equity shares to the public category upon conversion of warrants. Such change in percentage holding is only a result of dilution arising from the increased equity base and not due to any reduction in the number of shares held by the promoter/promoter group. The Company has made, and shall continue to make, all necessary disclosures in compliance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, and the requirements of the Stock Exchanges. We request you to kindly take the above clarification on record. Thanking you, Yours truly, For Indo Thai Securities Limited Shruti Sikarwar (Company Secretary cum Compliance Officer)