Alankit Ltd Board Approves Preferential Issue of Warrants Worth ₹86 Cr

Alankit Limited's Board of Directors, in a meeting held on August 7, 2026, approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. Additionally, the board sanctioned a preferential issue of up to 10 crore Fully Convertible Warrants to promoter group and public categories at an issue price of ₹8.60 per warrant, aggregating up to ₹86 crore. The company also approved the draft notice for its 37th Annual General Meeting scheduled for September 8, 2026, and reviewed related party transactions. The warrants are convertible into equity shares within 18 months.