Shareholding10 Oct 2026, 03:31 pm
Alankit Ltd: Alka Agarwal & PACs Acquire 1.65 Cr Shares via Warrant Conversion
AI Summary
Alankit Ltd announced that Alka Agarwal and Persons Acting in Concert (PACs) have acquired 1,65,00,000 equity shares, representing 5.74% of the total share capital, through the conversion of fully convertible warrants. This transaction, executed on October 7, 2026, via preferential allotment for cash consideration, increases the total holding of Alka Agarwal and PACs to 51.04% (16,50,00,000 shares) of the company's total diluted share capital. The acquisition was made on a preferential basis.
Key Highlights
- Alka Agarwal & PACs acquired 1.65 Cr shares via warrant conversion.
- The acquisition represents a 5.74% stake in Alankit Ltd.
- Total holding of acquirer group now stands at 51.04%.
- Transaction was completed via preferential allotment for cash.
- Acquisition occurred on October 7, 2026.
Price Impact
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