StockWatch
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Diversified Commercial Services
Investment26 Mar 2026, 01:59 pm

Alankit Ltd to Sell Gold Investment and Invest in Wholly Owned Subsidiary

AI Summary

Alankit Ltd announced that its Board of Directors, at their meeting held on March 26, 2026, approved the sale of gold held as investment and decided to invest in Alankit Imaginations Limited, a Wholly Owned Subsidiary of the Company. The meeting commenced at 1:15 P.M. (IST) and concluded at 1:40 P.M. (IST). The outcome of the Board Meeting is also uploaded on the Company's website.

Key Highlights

  • Alankit Ltd to sell gold held as investment.
  • Investment to be made in Wholly Owned Subsidiary, Alankit Imaginations Limited.
  • Board Meeting held on March 26, 2026, concluded at 1:40 P.M. (IST).
  • Outcome of the Board Meeting uploaded on the Company's website.