Alan Scott Enterprises Limited has made significant announcements following its board meeting on July 29, 2025. The company has appointed a new independent director and released its financial results for the first quarter of the fiscal year 2026.

New Independent Director Appointment

The board of directors has appointed Mr. Ambarish R. Sodha (DIN: 00489489) as an Additional Independent Director. Mr. Sodha's appointment is subject to shareholder approval at the upcoming Annual General Meeting. Upon approval, he will serve a five-year term on the board.

Mr. Sodha brings over four decades of experience to Alan Scott Enterprises. As the Founder and Partner of A. R. Sodha & Co., Chartered Accountants, he has expertise in various areas including:

• Accounting and taxation
• Audit and valuations
• Strategic advisory services
• International structuring
• Transfer pricing
• Mergers and corporate restructuring

The company has confirmed that there are no relationships between existing directors and Mr. Sodha, and he is not debarred from holding directorship by any regulatory authority.

Q1 FY26 Financial Results

Alan Scott Enterprises has also approved and released its unaudited standalone and consolidated financial results for the quarter ended June 30, 2025.

Standalone Results

The standalone results show a significant improvement, with the company turning profitable in Q1 FY26 compared to a loss in the same quarter last year.

Consolidated Results

The consolidated results demonstrate strong top-line growth, with net sales increasing by 50.46% year-over-year. Despite this growth, the company reported a reduced net loss compared to the same quarter last year.

Segment-wise Performance

Retail Segment

The retail business, operated through subsidiary Alan Scott Retail Limited, achieved sales of ₹833.02 lakhs in Q1 FY26, marking a 44.87% growth compared to ₹575.03 lakhs in Q1 FY25. The company opened three new MINISO stores in Goa, Hyderabad, and Bhatinda during the quarter.

Automation & Robotics Segment

Alan Scott Automation and Robotics Ltd, a subsidiary providing end-to-end packaging solutions, reported sales of ₹49.16 lakhs in Q1 FY26, a 24.58% increase from ₹39.46 lakhs in Q1 FY25.

Strategic Developments

• The company closed an underperforming MINISO store in Amritsar due to ongoing mall repairs.
• In line with its focus on the MINISO brand, the company exited two non-core ventures: the XStep store in Malad and the Optm clinic in Delhi.
• Alan Scott Enterprises raised ₹726.35 lakhs through a rights issue on June 4, 2025, issuing 18,15,863 equity shares at a premium of ₹30 per share.

The board meeting, which began at 11:10 AM (IST), concluded at 12:10 PM (IST) on July 29, 2025.

Alan Scott Industries has announced a series of strategic moves to strengthen its position in the technology sector, including acquiring controlling stakes in two tech companies and establishing two new subsidiaries. These developments mark a significant expansion of the company's portfolio in artificial intelligence (AI), education technology, wellness solutions, and drone technology.

Acquisitions

Alan Scott Industries has acquired controlling stakes in two technology-focused companies:

1. Alanscott Learnix Private Limited (ASLPL): A 58% stake acquired for INR 58,000.00. ASLPL specializes in AI-driven education solutions, focusing on intelligent assessments and immersive, experiential lab environments.

2. Alan Scott Vajrashakti Private Limited (ASVPL): A 65% stake acquired for INR 3.25 lakh. ASVPL focuses on frequency-based wellness and energy-saving technologies.

New Subsidiaries

In addition to these acquisitions, Alan Scott Industries is setting up two new subsidiaries:

1. Alan Scott Bluverge Private Limited (ABPL): Alan Scott Industries will hold a 59.80% stake, investing INR 14.95 lakh. ABPL will focus on leveraging drone technology for advanced applications in the agriculture sector, including precision farming and crop health monitoring.

2. Alanscott Omnis AI Private Limited (ASOAPL): With a 59.80% stake and an investment of INR 5.98 lakh, this subsidiary will develop enterprise-grade agentic AI tools and governance frameworks for complex, mission-critical operations.

Strategic Rationale

These acquisitions and new subsidiaries align with Alan Scott Industries' growth and expansion strategy in the technology sector. The company aims to diversify its business portfolio and enhance its footprint in emerging technology sectors with strong potential for societal benefit and environmental impact.

Completion Timeline

All acquisitions and subsidiary establishments are expected to be completed within 30-45 days through cash consideration.

Management Commentary

Sureshkumar Jain, Managing Director & CEO of Alan Scott Industries, stated in the company's disclosure to the BSE, "These strategic investments are aimed at enhancing the Company's footprint in emerging technology sectors with strong potential for societal benefit and environmental impact."

Regulatory Compliance

The company has made the necessary disclosures under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The acquisitions and new subsidiaries will be treated as related party transactions due to the involvement of the company's promoter, Mr. Sureshkumar Jain.

As Alan Scott Industries expands its technology portfolio, investors and industry observers will be watching closely to see how these strategic moves impact the company's growth trajectory and market position in the evolving tech landscape.