Indo Thai Securities Limited: Scheme of Arrangement
ITSL filed formal notice with NSE on 19 June 2026 for unsecured creditors' meeting on 24 July 2026. The meeting is directed by NCLT, Indore Bench, and involves shareholders of both ITSL and ITFSL in a restructuring/reorganization transaction. The scheme appears to consolidate or reorganize the two related entities within the Indo Thai group.
Why it mattersScheme of Arrangement under §230-232 of Companies Act, 2013 requires NCLT approval and creditor vote; this is a group-level restructuring triggering regulatory approvals by NSE and NCLT oversight.
SectorFinancial Services
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Sources
- NSE Corporate Actions Archives · official
- NSE Corporate Announcements Portal · official
- National Company Law Tribunal (NCLT) – Indore Bench · official
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