Alan Scott Enterprises Approves Right Issue, Reappoints MD

Alan Scott Enterprises Limited's Board of Directors met on June 24, 2026, approving key strategic decisions. The board greenlit the draft Letter of Offer and appointed intermediaries for a proposed Right Issue. Additionally, Mr. Sureshkumar Jain was re-appointed as Managing Director for a further term of 5 years, effective June 24, 2026, until June 23, 2031, subject to member and regulatory approvals. The meeting commenced at 11:21 HRS IST and concluded at 12:25 HRS IST.