Indo Thai Securities forays into de-carbonization technology through its subsidiary; Stock hits fresh 52-week high

4 Jan 2022 , 09:35 AM

Indo Thai Securities Limited has incorporated a subsidiary in the name of Femto Green Hydrogen Limited. The subsidiary is developing a kind of revolutionary de- carbonization technique aiming to aid eradication and reduction of Global warming caused due to various means of surface transport.

The company stock continued winning momentum. At around 9.35 am, Indo Thai Securities Ltd was trading at fresh 52-week high of Rs388.60 per piece up Rs18.50 or 5.00% (upper circuit). The stock had ended at Rs370.10 per piece up by Rs17.6 or 4.99% (upper circuit) on the BSE on Monday which was its record high. 

This pioneering technique is based on Femto particles (The millionth part of Nano). The mission of the Company is to combat the emission of hazardous greenhouse gases from various sources of fossil fuels. The said technology does not require physical intervention or alteration of any process. It does not involve changes in mechanisms either. Both these remarkable features make it very niche and unique.

First step in this direction is by targeting to control the vehicular carbon emissions said Mr. Dhanpal Doshi, Director of the company. He also expressed that the Company aims at making a significant presence and entry in carbon credit business.

This radical project is spearheaded by Mr. Nandan Kundetkar, President, Femto Green Hydrogen Limited, who is one leading and innovative scientist with a passion for technological development, a drive to make a difference, and an expertise in system design, implementation and integration of technologies and supporting technical and programmatic derivation, Mr. Nandan Kundetkar successfully branched out as a sought-after Design Consultant, Data and Network Security Expert, and Technology Entrepreneur and is holder of several international Patents, and has recently developed a device where vehicle pollution can be reduced to even zero level and further research and development in the field is also in the process.