INDO THAI SECURITIES LTD : DEBENTURE ISSUANCE APPROVED

• Approved issuance of Secured, Redeemable, Unlisted, Unrated, Non-Convertible Debentures (NCDs) up to ₹10 Crore. • Transaction executed via Debenture Trust Deed and Deed of Hypothecation with Axis Trustee Services Limited. • Mandatory maintenance of minimum security cover of 1.25x on outstanding principal and accrued interest required.

Indo Thai Securities Ltd

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