Disclosure under SEBI Takeover Regulations

Indo Thai Securities Limited has announced a disclosure from promoter Dhanpal Doshi under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure signifies that Dhanpal Doshi has submitted an undertaking to the stock exchange. The undertaking commits the promoter not to dispose of their shares in the company for a specified period. For investors, this typically signals a promoter's long-term commitment to the company, which can be viewed as a positive indicator of stability and confidence.