Alankit Ltd Allots 5 Cr Warrants for ₹43 Cr to Promoter Group

Alankit Limited announced the outcome of its Management Committee meeting held on October 5, 2026. The committee approved the allotment of 5,00,00,000 (Five Crore) Fully Convertible Warrants at an issue price of Rs. 8.60 per warrant to Alka Agarwal, a member of the Promoter Group. This preferential allotment is for a total aggregate amount of Rs. 43,00,00,000 (Rupees Forty-Three Crore). Following this allotment, the company's paid-up equity share capital on a fully diluted basis will be Rs. 32,11,58,100, comprising 32,11,58,100 equity shares of Re. 1 each.