Markets

Market

News Details

(04/10/2025 13:27)

Alan Scott Enterpris - Board Meeting Outcome for Outcome Of Board Meeting Held On Saturday, October 4, 2025 At 11:00 Am (IST)

This is to inform you that the Board of Directors of the Alan Scott Enterprises Limited at its meeting held today, Saturday, October 4, 2025 at 11:00 am, had approved the following matters:1.Issuance and allotment of up to 500000 fully paid-up equity shares of the Company, having a face value of ?10 each, at a price of ?250 per equity share (inclusive of a premium of ?240 per share), for cash, aggregating up to ?125000000, by way of preferential issue to select group of investors (Non-Promoters), subject to the approval of the shareholders and receipt of other necessary approvals. 2.Appointment of Dr. Rishi Mohan Bhatnagar (DIN: 00834145) as Additional Director, who shall hold office up to the date of the ensuing AGM of the Company. 3.Notice of the EGM of the Company which is scheduled on Thursday, October 30, 2025, at 11:00 a.m. through (VC) or (OAVM), to transact the business as mentioned in the notice.The Board Meeting of the Company commenced on 11:00 AM and concluded at 11:47 AM.