StockWatch
·
Diversified Commercial Services
Shareholding10 Oct 2026, 04:21 pm

Alankit Ltd: Alka Agarwal Acquires 1.65 Cr Shares via Warrant Conversion

AI Summary

Alankit Ltd announced that Alka Agarwal, along with Persons Acting in Concert (PACs), has acquired 1,65,00,000 Equity Shares (₹1.65 Crore) through the conversion of Fully Convertible Warrants on a preferential basis. This transaction increases the acquirer's total holding to 19,68,26,224 shares, representing 59.12% of the total capital. The acquisition was made for cash consideration.

Key Highlights

  • Alka Agarwal and PACs acquired 1.65 Cr equity shares.
  • Acquisition was via conversion of fully convertible warrants.
  • Transaction was on a preferential basis for cash consideration.
  • Post-acquisition, total holding is 59.12% of total capital.
  • Acquirers belong to the Promoter group.