Meeting Details

The meeting was convened as per directions of the Hon'ble National Company Law Tribunal, Indore Bench (NCLT) vide Order dated 10th June 2026 in Company Scheme Application No. CA(CAA)/4(MP)/2026. The meeting was held on 24th July, 2026 at 03:00 P.M. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM), deemed to be held at the Registered Office of the Company.

Resolution Details

The meeting considered and approved a Special Resolution as prescribed under Section 230(6) of the Companies Act for the Scheme of Arrangement between Indo Thai Securities Limited, Indo Thai Financial Services Limited and their respective shareholders. The scheme involves a demerger arrangement, with the detailed Explanatory Statement forming part of the Notice of the Meeting.

Voting Process and Attendance

The voting was conducted through remote e-voting. The record date for determining unsecured creditors was 31st December 2025, with 1004 (One Thousand Four) unsecured creditors on record.

Attendance breakdown:

  • No unsecured creditors present in person or through proxy: 0
  • Unsecured creditors attended through Video Conferencing: 27
  • Total attendance: 27

The meeting achieved the requisite quorum of at least 15 unsecured creditors as required by the NCLT order.

Key Proceedings

Adv. Rohit Dubey chaired the proceedings as directed by NCLT. Mrs. Shruti Sikarwar, Company Secretary, explained the voting procedure and welcomed attendees. Registered speakers among unsecured creditors addressed the meeting through VC/OAVM and sought clarifications on the Scheme of Arrangement, which were provided by company management.

Compliance and Reporting

The voting results pursuant to Regulation 44(3) of SEBI LODR Regulations and the Report of the Scrutinizer (PCS Kaushal Ameta, Practising Company Secretary of Indore) pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014 will be submitted to stock exchanges separately within 2 working days from meeting conclusion.

Meeting Conclusion

The meeting concluded at 03:09 P.M. (IST) on 24th July, 2026.