Alankit Limited has approved the preferential allotment of 5 crore fully convertible warrants to its promoter, Alka Agarwal, for an aggregate amount of ₹43 crore. The allotment price is fixed at ₹8.60 per warrant.

The decision was taken by the Management Committee of the Board of Directors during a meeting held on October 5, 2026. The warrants are being issued on a preferential basis to a member of the Promoter & Promoter Group category.

Allotment Details

The company disclosed that the total issue size amounts to ₹43,00,00,000 (₹43 crore). The following table outlines the specific allocation details:

Capital Structure Impact

Consequent to this allotment, the paid-up equity share capital of the company on a fully diluted basis will stand at ₹32,11,58,100. This capital is divided into 32,11,58,100 equity shares with a face value of ₹1 each.

The Management Committee meeting commenced at 5:00 pm and concluded at 5:30 pm. The company informed both BSE Limited and National Stock Exchange of India Limited regarding the outcome of the meeting in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Alankit has released the scrutinizer's report and voting results for its 37th Annual General Meeting held on September 8, 2026. The disclosures were made in compliance with SEBI Listing Regulations 30 and 44.

The company confirmed that all resolutions considered at the meeting were passed. The results are available on the company's website and the National Securities Depository Limited portal.

Corporate Actions

Shareholders approved the issuance of up to 10,00,00,000 fully convertible warrants to promoter and public category entities. The special business agenda also included approvals for related party transactions across several subsidiaries.

The board sought consent for dealings with Alankit Assignments Limited, Verasys Limited, Alankit Finsec Limited, Alankit Foundation, and Alankit Wealth Management Private Limited. Subsidiaries including Alankit Forex India Limited, Alankit Technologies Limited, Alankit Imaginations Limited, and Alankit Insurance Brokers Limited received approval for specific engagements.

Meeting Details

The meeting commenced at 11:12 am and concluded at 11:44 am via Video Conferencing or Other Audio-Visual Means. Eighty-five members, including five from the promoter group, attended. Ms. Meera Lal was re-appointed as a director by rotation.