Alan Scott Enterprises Limited has submitted its quarterly compliance report to BSE Limited, confirming no deviation in the utilization of funds raised through a preferential issue for the quarter ended December 31, 2025. The statement was filed under Regulation 32 of SEBI (LODR) Regulations, 2015.

Fund Raising Details

The company successfully raised ₹675.00 lakhs through a preferential issue to select group of non-promoter investors. The allotment of 2,70,000 equity shares was completed on December 01, 2025, pursuant to the Letter of Offer dated November 20, 2025.

Revised Allocation Due to Legal Constraints

The company initially received approval for a capital raise of ₹12.50 crores. However, two investors were unable to subscribe to the preferential offer during the offer period due to pending legal proceedings that were sub judice at the time of allotment. Consequently, the allotment was made only to the remaining eligible investors, and a revised objects of the offer was approved by the Board on December 1, 2025.

Fund Utilization Breakdown

Out of the total ₹675.00 lakhs raised, the company has utilized ₹109.39 lakhs across various objectives. The utilization pattern shows strategic focus on subsidiary investments and operational requirements.

Subsidiary Investment Plans

The fund utilization plan includes investments in multiple subsidiaries and group companies:

• Alan Scott Bluverge Private Limited: ₹100.00 lakhs allocated for equity investment, ₹60.00 lakhs utilized
• Alan Scott UpNup Life Limited: ₹100.00 lakhs allocated (converted from private to public limited company)
• AlanScott Learnix Limited: ₹100.00 lakhs allocated (converted from private to public limited company)
• Alanscott Omnis AI Limited: ₹100.00 lakhs allocated (converted from private to public limited company)
• Alanscott Satwik Himalayan Products Private Limited: ₹50.00 lakhs allocated for group company investment

Compliance and Audit Confirmation

The Audit Committee has reviewed and noted that there is no deviation in the utilization of proceeds from the preferential issue, as disclosed in the Letter of Offer dated November 20, 2025. The company's auditors have provided no adverse comments on the fund utilization. The company has confirmed full compliance with Regulation 32 of SEBI (LODR) Regulations, 2015, with no deviation or variation from the stated objects in the Letter of Offer.

Alan Scott Enterprises Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, during a board meeting held on February 09, 2026. The company also disclosed strategic acquisitions across multiple subsidiaries, demonstrating its commitment to diversifying its technology-focused portfolio.

Board Meeting Outcomes

The board meeting, conducted from 11:00 AM to 12:05 PM (IST) at the company's registered office, approved the quarterly financial results under Regulation 33 of SEBI regulations. Managing Director and CEO Sureshkumar Jain (DIN: 00048463) signed off on the comprehensive disclosure of the company's strategic investments.

Strategic Subsidiary Acquisitions

The company utilized proceeds from its preferential issue to acquire additional equity stakes in five subsidiaries and group companies, totaling INR 4,82,90,000. These acquisitions span diverse technology sectors and represent the company's expansion into future-facing digital platforms.

Technology Platform Services

Alan Scott UpnUp Life Limited, incorporated on December 15, 2023, focuses on building verifiable identity, trust scores, and skill development platforms for youth and gig workers. The platform integrates blockchain and AI technologies with India's Digital India infrastructure to address employment barriers and enhance workforce productivity.

AI-Driven Education Solutions

Learnix specializes in AI-driven education solutions, delivering intelligent assessments and immersive experiential lab environments. The platform provides personalized education experiences that bridge the gap between academic theory and real-world applications.

Retail and Organic Products Expansion

Satwik, incorporated on July 03, 2023, operates in the retail trade of organic food products with an altitude-based sourcing model from Himalayan regions. The company emphasizes sustainable agriculture, farmer partnerships, and ESG-oriented approaches in the farm-to-home superfoods and wellness products segment.

Enterprise AI and Drone Technology Investments

The company made two additional strategic investments in cutting-edge technology sectors:

Alanscott Omnis AI Limited received INR 1,00,00,000 for a 63.45% stake, focusing on enterprise-grade agentic AI tools and governance frameworks for mission-critical operations. Incorporated in March 2025, the company develops autonomous intelligent systems with ethical and regulatory compliance capabilities.

Alanscott Bluverge Limited attracted INR 1,00,00,000 for a 92% shareholding, specializing in drone technology applications for agriculture, precision farming, and infrastructure solutions. The company, incorporated on August 25, 2025, leverages large-format 3D printing and drone technologies for housing, sanitation, and disaster relief sectors.

Investment Strategy and Future Outlook

These acquisitions represent Alan Scott Enterprises' comprehensive strategy to build technology-enabled platforms addressing national challenges across digital identity, education, sustainable retail, enterprise AI, and agricultural technology. The investments span from established revenue-generating entities like Satwik to newly incorporated technology ventures with significant growth potential.

All transactions were conducted on a fair and transparent basis, with independent valuations ensuring arm's length dealings. The diverse portfolio positions the company across multiple high-growth technology sectors while maintaining focus on solutions with social relevance and scalable potential.