Alan Scott Enterprises Limited disclosed the outcome of its Rights Issue Committee meeting held on November 12, 2026, regarding the company's rights issue pursuant to the Letter of Offer dated August 13, 2026.
The first and final call money payment period for the rights issue ended on November 05, 2026. The company received full call money on 9,34,157 partly paid-up equity shares, aggregating to ₹3,26,95,495 (Indian Rupees Three Crore Twenty-Six Lakhs Ninety-Five Thousand Four Hundred and Ninety-Five).
The Rights Issue Committee approved the following matters:
- Conversion of 9,34,157 partly paid-up equity shares of face value ₹7.50 to fully paid-up Equity Shares of face value ₹10.00 per share for eligible shareholders
- Application to BSE Limited for obtaining listing cum trading approval for the converted shares
- Issuance of a forfeiture cum final demand notice to remaining shareholders holding 18,774 partly paid equity shares
Consequent to the conversion, the company's paid-up share capital structure is as follows:
| Particulars | Number of Equity Shares | Amount in Indian Rupees |
| Fully paid-up Equity Shares of ₹10.00 each | 66,51,747 | ₹6,65,17,470 |
| Partly paid-up Equity Shares of ₹10.00 each (₹7.50 paid up per share)* | 18,774 | ₹1,40,805 |
| Total | 66,70,521 | ₹6,66,58,275 |
*Note: The actual amount pending on these shares is ₹6,57,079 (Indian Rupees Six Lakhs Fifty-Seven Thousand Seventy-Nine), while the amount received to date on partly paid-up shares is ₹7,50,947 (Indian Rupees Seven Lakhs Fifty Thousand Nine Hundred and Forty-Seven).
The details of the forfeiture cum final demand notice will be intimated once finalized. The meeting commenced at 13:00 and concluded at 13:30 IST.