Alphalogic Industries Warrant Allotment Triggers SAST Disclosure Filing

2 min read     Updated on 27 Aug 2025, 02:07 PM
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Overview

Alphalogic Industries Limited completed the allotment of 18,00,000 convertible warrants through preferential allotment, with Alphalogic Techsys Limited acquiring 11,70,000 warrants and Mrs. Neha Anshu Goel acquiring 3,00,000 warrants. The acquisition triggered SAST regulatory disclosure filing on January 3, 2026, revealing comprehensive shareholding patterns and post-conversion diluted shareholding of 74.99% for the promoter group.

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Alphalogic Industries Limited has successfully completed the allotment of 18,00,000 convertible warrants through preferential allotment, following the board meeting held on January 1, 2026. The warrant allotment has triggered mandatory regulatory disclosures under SEBI SAST Regulations, with Alphalogic Techsys Limited filing detailed shareholding information with BSE Limited on January 3, 2026.

Warrant Allotment Structure

The company allotted convertible warrants at an issue price of ₹28.00 per warrant, including a premium of ₹18.00. Each warrant carries the right to subscribe to one equity share per warrant, with warrant holders required to pay 25% of the issue price (₹7.00 per warrant) at allotment and the balance 75% upon exercise within 18 months.

Allottee: Category: Warrants Allotted:
Alphalogic Techsys Limited Promoter 11,70,000
Mrs. Neha Anshu Goel Promoter Group 3,00,000
Vivaro Enterprises Limited Non-Promoter 3,30,000
Total: All Categories 18,00,000

SAST Regulatory Compliance

Alphalogic Techsys Limited filed mandatory disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on January 3, 2026. The disclosure was signed by Company Secretary Vanshika Sharma and submitted to both BSE Limited and Alphalogic Industries Limited.

Parameter: Details
Filing Date: January 3, 2026
Regulation: SEBI SAST Regulations 29(2)
Acquirer: Alphalogic Techsys Limited & Mrs. Neha Anshu Goel
Filing Authority: Vanshika Sharma, Company Secretary

Pre and Post-Acquisition Shareholding Analysis

The SAST disclosure reveals comprehensive shareholding details before and after the warrant acquisition. Prior to the acquisition, the promoter group collectively held 75,20,400 shares representing 73.81% of the total share capital.

Entity: Pre-Acquisition Shares: Pre-Acquisition %: Post-Acquisition %:
Alphalogic Techsys Limited 52,12,368 51.16% 43.48%
Mr. Montubhai Bharatbhai Gandhi 19,20,000 18.84% 16.02%
Mrs. Krina Gandhi 3,85,872 3.79% 3.22%
Other Promoter Group Members 2,160 0.02% 0.02%

Warrant Conversion Impact

Upon full conversion of the warrants, the total diluted share capital will increase from ₹10,18,92,000 to ₹11,98,92,000, representing an addition of 18,00,000 equity shares. The promoter group's total holding including convertible warrants will reach 74.99% of the diluted share capital.

Warrant Holder: Warrants Acquired: Diluted Shareholding %:
Alphalogic Techsys Limited 11,70,000 9.76%
Mrs. Neha Anshu Goel 3,00,000 2.50%
Total Promoter Warrants: 14,70,000 12.26%

The warrant allotment was approved by shareholders through a Special Resolution passed at the Annual General Meeting held on September 24, 2025, and executed following board approval on January 1, 2026. The warrants are subject to adjustment for corporate actions and will lapse if not exercised within the 18-month period, with amounts paid being forfeited by the company.

Historical Stock Returns for Alphalogic Industries

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