Indo Thai Securities Limited announced a private placement to issue 1,250,000 convertible pre-paid warrants at an issue price of INR 94 per warrant for the gross proceeds of INR 117,500,000 on May 10, 2024. The transaction will include participation from new investors Vidhi Thapadiya 200,000 warrants, Vaibhavi Trivedi 10,000 warrants, Anil Raika Family Trust 27,000 warrants, Meghana Doshi 100,000 warrants, Snehi Palviya 5,000 warrants, Harsh Agrawal 20,000 warrants, Kriti Agrawal 15,000 warrants, Yash Bairathi 10,000 warrants, Shailja Bairathi 10,000 warrants, Nisha Rathi 5,000 warrants, Sanjay Bhatia 20,000 warrants, Rishi Kathed 10,000 warrants, Pradeep Singh Bisht 25,000 warrants, Girdharilal Jagetiya 50,000 warrants, Sudha Singh Kushwah 5,000 warrants, Nishit Doshi 20,000 warrants, Sarthak Doshi 30,000 warrants, Shashi Soni 5,000 warrants, Palash Bandi 10,000 warrants, Ajay Agrawal projects LLP 73,000 warrants, Jagdishkumar Madanlal Gupta 100,000 warrants, Kusum Jagdish Gupta 100,000 warrants and Intellect Money Finvest Pvt Ltd 400,000 warrants. The transaction has been approved by shareholders of the company and is subject to general shareholders to be held on June 7, 2024.