Indo Thai Securities Reports FY26 Profit While Demerger Moves Ahead

FY26 net profit stood at Rs 66.86 crore.
Proposed demerger awaits regulatory and NCLT approval.

Reader Takeaway: Strong profitability supports growth plans, while the demerger remains subject to statutory approvals.

What just happened

Indo Thai Securities Ltd held its Annual General Meeting on September 19, 2026, through video conferencing and other audio-visual means.

The company highlighted FY26 net profit of Rs 66.86 crore and reported a net worth of Rs 282.69 crore.

Management also updated shareholders on the proposed Scheme of Arrangement to transfer its broking and distribution business to Indo Thai Financial Services Limited.

Why this matters

According to the company, the demerger has already received approval from the board of directors, shareholders and creditors.

The proposal is now awaiting regulatory approvals and sanction from the National Company Law Tribunal before it can become effective.

Management reiterated its strategy of expanding investment banking, institutional broking and wealth management while strengthening technology-driven capabilities such as algorithmic trading and advanced execution platforms.

What changes now

During FY26, the company completed multiple warrant conversions.

A total of 11,69,800 warrants were converted into 1,16,98,000 equity shares. Subsequently, another 4,22,000 warrants were converted into 4,22,000 equity shares, while 60,500 warrants were forfeited.

The company also noted that its stock split, under which each ₹10 equity share was subdivided into ten equity shares of Re 1 each, had already become effective in July 2025.

Governance updates

Shareholders approved the appointment of Vinod Singhal & Co. LLP as Statutory Auditor.

Resolutions relating to dividend, director appointments, reappointments of key managerial personnel, revision in executive remuneration and amendment of the Memorandum of Association were also approved.

The company reported CSR spending of Rs 18,84,895 against the statutory requirement of Rs 18,76,912, resulting in an excess spend of Rs 7,983, which it said would be adjusted in the following financial year.

What to track next

Investors may monitor the progress of regulatory and NCLT approvals for the proposed demerger, along with further updates on the company's expansion into investment banking and institutional broking.