Subsidiary13 Jul 2026, 11:20 pm
Alok Industries Subsidiary Grabal Alok (UK) Dissolved
AI Summary
Alok Industries Ltd has announced the dissolution of its step-down subsidiary, Grabal Alok (UK) Limited ("GAL"), effective July 11, 2026. GAL, incorporated in the United Kingdom, is no longer a subsidiary of Alok Industries. The company stated that GAL was a non-operating entity and had no contribution to the consolidated turnover or net worth for the financial year 2025-26. The intimation was received by Alok Industries on July 13, 2026.
Key Highlights
- Step-down subsidiary Grabal Alok (UK) Limited has been dissolved.
- Dissolution is effective from July 11, 2026.
- The subsidiary was non-operating with nil contribution.
- No impact on consolidated turnover or net worth reported.
Price Impact
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