[Company Name]

Alan Scott Enterprises Limited (formerly Alan Scott Industries Limited)

Key Decisions and Approvals

The Board of Directors, in a meeting held on Wednesday, May 27, 2026, which commenced at 11:10 IST and concluded at 12:40 IST, approved the following matters:

1. Financial Results and Statements: Approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board also approved the audited standalone and consolidated financial statements for the year ended March 31, 2026, together with the audit report of the auditors.

2. Fundraising via Rights Issue: Approved a proposal to raise funds through a Rights Issue of Equity Shares. The key terms of the issue, as detailed in Annexure 1, are:

  • Instrument: Equity Shares.
  • Issue Size: Up to 9,52,932 Equity Shares of face value INR 10 each, with a premium of INR 65 per share, for an aggregate amount not exceeding INR 7.15 Crores. This figure is based on the assumption of full subscription and is subject to the finalization of the Basis of Allotment.
  • Issue Price: INR 75 per share (INR 10 face value + INR 65 premium).
  • Payment Terms: The consideration is payable in two or more calls, as may be determined by the Board from time to time, subject to receipt of requisite regulatory and statutory approvals.
  • Entitlement Ratio: 1 (One) Equity Share for every 6 (Six) fully paid-up equity shares held by eligible shareholders as on the Record Date (a 1:6 ratio).
  • Other Terms: Details regarding renunciation, fractional entitlements, and other terms will be included in the Letter of Offer to be filed with BSE Limited.

3. Appointment of Secretarial Auditor: Appointed M/s. KNK & Co LLP, Company Secretaries in Practice, as the Secretarial Auditors of the Company. The details per Annexure 2 are:

  • Date of Appointment: May 27, 2026.
  • Term of Appointment: For conducting the Secretarial Audit of the Company for the financial year 2026.
  • Firm Profile: KNK & Co LLP is described as a peer-reviewed professional services firm engaged in corporate governance, regulatory compliance, and advisory services with extensive experience across sectors including information technology, FMCG, startups, NBFCs, manufacturing, and infrastructure.