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Indo Thai Securities gets nod to form wholly owned subsidiary

19 Mar 2012 Evaluate

Indo Thai Securities has received an approval for formation of a wholly owned subsidiary of the company with object of purchasing property in Mumbai for setting-up of office space for Mumbai Regional Office.

It has also received approval for formation of a wholly owned subsidiary company with object of purchasing property in Indore for setting-up of office space for Corporate Office. The board at its meeting held on March 15, 2012 has approved for the above.

Indo Thai Securities commenced its operations post obtaining membership of National Stock Exchange of India in September, 1995. Currently, it offers wide range of financial products and services to its more than 7200 clients which includes capital market, Derivatives Market, Currency Derivatives Segment, Future & options, equity brokerage, with memberships in NSE, BSE MCX-SX, USE and Depository Participant of CDSL.

Peers
Company Name CMP
Bajaj Finserv 1769.00
TVS Holdings 12604.30
Cholamandalam Fin. 1401.90
Altius Telecom Infra 175.00
Kama Holdings 2233.20
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