Meeting Details

Date: 24th July, 2026

Time: 2:00 P.M. (IST)

Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM), deemed to be held at the Registered Office of the Company.

Type of Meeting: Court Convened Equity Shareholders' Meeting.

Authority: Convened as per directions of the Hon'ble NCLT, Indore Bench in Company Scheme Application No. CA(CAA)/4(MP)/2026.

Proposed Resolution and Implications

A single special resolution was presented for shareholder consideration:

  • Resolution: To consider and approve the Scheme of Arrangement between Indo Thai Securities Limited (Demerged Company) and Indo Thai Financial Services Limited (Resulting Company) and their respective shareholders.
  • Type: Special Resolution as prescribed under Section 230(6) of the Companies Act.
  • Implications: The scheme involves a demerger, a form of business restructuring where the undertaking of Indo Thai Securities Limited is proposed to be transferred to Indo Thai Financial Services Limited.

The detailed Explanatory Statement, which included the rationale and material information concerning the scheme, was noted as having been circulated previously and was taken as read during the meeting.

Voting Process

The voting was conducted via remote e-voting. The resolution was not proposed or seconded during the live meeting as it had already been put to a vote through this remote process. The detailed results of the e-voting and remote e-voting were not available at the time of the meeting and are to be intimated separately upon receipt of the Scrutinizer's report.

Shareholder Participation and Quorum

Record Date: 17th July 2026

Total Number of Equity Shareholders on Record Date: 18,251

Shareholders Present in the Meeting: A total of 47 shareholders attended the meeting through Video Conferencing.

Quorum: The meeting was called to order as the requisite quorum of at least 30 members, as mandated by the NCLT order, was met.

Scrutinizer's Role

PCS Kaushal Ameta, a Practising Company Secretary from Indore, was appointed as the Scrutinizer by the Hon'ble NCLT. The Scrutinizer's Consolidated Report on the voting results is expected to be received within 2 working days from the conclusion of the meeting. This report will form the basis for the official declaration of the voting outcome.

Proceedings and Shareholder Engagement

Advocate Rohit Dubey, appointed by the NCLT, chaired the meeting. Mrs. Shruti Sikarwar, Company Secretary, explained the voting procedure. Registered shareholders were invited to seek clarifications on the Scheme of Arrangement, to which the management provided responses.

Compliance and Disclosure

The company confirmed its intent to comply with disclosure regulations. The voting results will be announced to the stock exchanges (BSE Limited and National Stock Exchange of India Limited) and will also be placed on the company's website and the CDSL website.

Conclusion

The meeting commenced at 2:00 P.M. and concluded at 2:20 P.M. on 24th July, 2026.