Meeting Details
- Date: Tuesday, September 8, 2026
- Time: 11:00 AM IST
- Mode: Video Conferencing/Other Audio-Visual Means
- Record Date: August 31, 2026
Ordinary Business Items
1. Adoption of Financial Statements
To receive, consider and adopt the Standalone Audited Financial Statements for FY2025-26 ending March 31, 2026, together with Reports of Board of Directors and Auditors.
2. Adoption of Consolidated Financial Statements
To receive, consider and adopt the Consolidated Audited Financial Statements for FY2025-26 ending March 31, 2026, together with Reports of Board of Directors and Auditors.
3. Director Re-appointment
To appoint Ms. Meera Lal (DIN: 08689247), who retires by rotation and offers herself for re-appointment as director.
Special Business Items
4. Preferential Issue of Fully Convertible Warrants
Resolution Type: Special Resolution
Purpose: To issue up to 10,00,00,000 (Ten Crore) Fully Convertible Warrants on preferential basis
Issue Price: ₹8.60 per warrant
Total Amount: ₹86,00,00,000 (Eighty-Six Crore)
Allottees:
- Alka Agarwal (Promoter & Promoter Group): 5,00,00,000 warrants
- Ramesh Sawalram Saraogi (Public): 5,00,00,000 warrants
Key Terms:
- Conversion period: 18 months from allotment date
- Initial payment: 25% of issue price at allotment
- Balance 75% payable at conversion
- Warrants to be issued in dematerialized form within 15 days of shareholder approval
- Equity shares on conversion will rank pari-passu with existing shares
- Lock-in as per SEBI ICDR Regulations
Utilization of Proceeds:
- ₹70 crore: Investment in wholly-owned subsidiary Alankit Technologies Limited for meeting SEBI custodian net-worth requirements
- ₹16 crore: General corporate purposes
Pricing Details:
- Relevant Date: August 7, 2026
- 90-day VWAP: ₹8.43
- 10-day VWAP: ₹7.89
- Valuation Report: ₹8.50 per share by independent valuer
- Final price: ₹8.60 (higher than computed values)
Related Party Transactions (Items 5-26)
Resolution Type: Ordinary Resolutions
Total Value: ₹465.6 crore across 22 resolutions
Period: October 1, 2026 to September 30, 2027
Major RPT Categories:
With Alankit Assignments Limited (Promoter Group)
- Rendering Services/Sale of Goods: ₹25 crore
- Availing Services/Purchase of Goods: ₹10 crore
- Reimbursement: ₹2 crore
- Loans/Advances: ₹50 crore
- Total: ₹87 crore
With Verasys Limited (Subsidiary)
- Borrowings: ₹10 crore
- Rendering Services/Sale of Goods: ₹15 crore
- Availing Services/Purchase of Goods: ₹10 crore
- Reimbursement: ₹1 crore
- Total: ₹36 crore
With Alankit Finsec Limited (Promoter Group)
- Borrowings: ₹100 crore
- Total: ₹100 crore
Subsidiary Company Transactions
Multiple resolutions for transactions between various subsidiaries (Alankit Forex India Limited, Alankit Technologies Limited, Alankit Imaginations Limited, Alankit Insurance Brokers Limited) and related parties including Alankit Assignments Limited, Alankit Finsec Limited, Verasys Limited, Pratishtha Images Private Limited, Alankit Wealth Management Private Limited, and Infosafe Technologies Private Limited.
Transaction Types: Borrowings, rendering/availing services, purchase/sale of goods, foreign currency transactions, CSR expenditures, reimbursements.
Voting Arrangements
- Remote e-voting period: September 5-7, 2026 (9:00 AM to 5:00 PM)
- Scrutinizer: Mr. N.C. Khanna, Company Secretary
- Voting rights: Proportional to shareholding as on August 31, 2026
- Related parties to abstain from voting on RPT resolutions
Document Availability
- Notice available on company website: www.alankit.in
- Also available on BSE and NSE websites
- Physical copies available upon request
Financial Context
- Company's consolidated turnover for FY2025-26: ₹343.49 crore
- All RPTs claimed to be at arm's length and in ordinary course of business
- Audit Committee and Board have approved all proposed transactions