Key Action Approved
The Management Committee of the Board of Directors of Alankit Limited, at its meeting held on October 07, 2026, approved the allotment of 1,65,00,000 (One Crore Sixty-Five Lakh) Equity Shares of face value of ₹1 each.
Transaction Details
The shares were allotted pursuant to the conversion of 1,65,00,000 (One Crore Sixty-Five Lakh) Fully Convertible Warrants that were originally allotted on October 05, 2026. The conversion was done at an issue price of ₹8.60 per share through a preferential allotment on a private placement basis.
Allottee Information
The shares were allotted to Alka Agarwal, who belongs to the "Promoter Group" category of the company.
Capital Structure Impact
Consequent to this allotment, the Paid-up Equity Share Capital of the Company has increased to ₹28,76,58,100 (Rupees Twenty-Eight Crore Seventy-Six Lakh Fifty-Eight Thousand One Hundred Only). This capital is divided into 28,76,58,100 (Twenty-Eight Crore Seventy-Six Lakh Fifty-Eight Thousand One Hundred) Equity Shares of face value of ₹1 each.