Alan Scott Enterprises board of directors approved the annual report for FY26 and the notice for its 32nd Annual General Meeting on August 27, 2026.

The meeting, held at the company's registered office in Mumbai, also covered key governance appointments for the upcoming financial year.

Governance Appointments

The board appointed M/s NH Variava & Co as internal auditors for FY27. The firm, established in 2017 by Niraj Variava, offers services in regulatory compliance and business risk advisory.

Additionally, M/s KNK & Co LLP was appointed as secretarial auditors for FY27. The firm provides expertise in corporate law and securities regulations.

AGM Details

The 32nd AGM is scheduled for Tuesday, September 29, 2026, at 11:30 am. Shareholders can participate via e-voting, with KNK & Co LLP serving as the scrutinizer.

The register of members will remain closed from September 23, 2026, to September 28, 2026, to determine eligibility for the meeting.

The annual report and AGM notice will be sent electronically to registered shareholders and uploaded on the BSE Limited website.

Alan Scott Enterprises has fixed the issue price at ₹75 per equity share for its proposed rights issue, aiming to raise up to ₹714.70 lakhs. The company’s Right Issue Committee also determined August 21, 2026 as the record date to determine eligible shareholders during its meeting held on August 13, 2026. This development follows the Bombay Stock Exchange’s in-principle approval granted on August 5, 2026.

The committee approved the final Letter of Offer and key terms of the issuance, including a rights entitlement ratio of 1:6. Eligible equity shareholders holding six fully paid-up equity shares as on the record date will be entitled to receive one rights share. The issue will remain open for subscription from September 1, 2026 to September 15, 2026, spanning a period of 15 days.

Key Issue Terms

The total issue size comprises up to 9,52,932 equity shares with a face value of ₹10 each, issued at a premium of ₹65 per share. The payment structure is divided into two stages:

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting was convened in accordance with the Companies Act, 2013 and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Sureshkumar Jain, Managing Director & CEO, signed the communication, confirming the board’s adherence to statutory requirements for public fundraising.

Timeline and Next Steps

Rights entitlements will be credited to eligible shareholders’ demat accounts prior to the issue opening date on September 1, 2026. The Letter of Offer and related documents will be filed with BSE Limited and made available on the company’s website ( www.thealanscott.com ) and the Registrar and Share Transfer Agent’s portal ( www.purvashare.com ).

What the Numbers Show

The issue price of ₹75 per share implies a significant premium over the ₹10 face value, reflecting the market valuation basis for this capital raise. With an aggregate raise of ₹714.70 lakhs, the transaction represents a focused capital injection. The swift finalization of terms within eight days of receiving in-principle approval from BSE indicates streamlined corporate governance execution.