Indo Thai Securities Limited (INDOTHAI) announced the sale of stake in its associate company, Indo Thai Commodities Private Limited, through a buyback offer on 29 Mar 25.
Key details of the transaction:
- Shares Tendered: 4,64,500 equity shares
- Consideration Received: Rs 60.385 lakhs
- Price per Share: Rs 13
- Transaction Date: 28 Mar 25
- Pre-Transaction Holding: 40.05% (7,44,100 shares)
- Post-Transaction Holding: 20.06% (2,79,600 shares)
- Method of Sale: Buyback