
Corporate Action8 Oct 2026, 11:35 am
Alankit Allots 1.65 Cr Equity Shares to Promoter Group at ₹8.60
AI Summary
Alankit Ltd's Management Committee approved the allotment of 1,65,00,000 (One Crore Sixty-Five Lakh) equity shares on October 8, 2026. These shares were issued at ₹8.60 each, following the conversion of an equal number of fully convertible warrants allotted on October 5, 2026. The allotment was made on a preferential basis to Alka Agarwal, belonging to the "Promoter Group". Consequently, the company's paid-up equity share capital has increased to 30,41,58,100 (Thirty Crore Forty-One Lakh Fifty-Eight Thousand One Hundred) equity shares of face value ₹1/- each.
Key Highlights
- Alankit allotted 1.65 Crore equity shares.
- Shares issued at ₹8.60 each via warrant conversion.
- Allotment made to promoter group member Alka Agarwal.
- Paid-up capital increased to 30.41 Crore shares.
Price Impact
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