Promoter group allotment: 1,65,00,000 equity shares on conversion of fully convertible warrants

Alankit Ltd's Management Committee approved the allotment of 1,65,00,000 equity shares.

Wed 7 Oct 2026

Equity Shares Allotted

1,65,00,000 equity shares of face value ₹ 1/- each

Warrant Issue Price

₹ 8.60/- each

Revised Paid-up Equity Share Capital

₹ 28,76,58,100, divided into 28,76,58,100 equity shares of face value ₹ 1/- each

Warrants converted into equity shares

Alankit Ltd's Management Committee of the Board, at its meeting on October 07, 2026, considered and approved the allotment of 1,65,00,000 equity shares of face value of ₹ 1/- each. These shares were allotted pursuant to the conversion of 1,65,00,000 fully convertible warrants, which had been allotted on October 05, 2026.

Terms of the allotment

• Issue price of the warrants: ₹ 8.60/- each
• Route: preferential allotment on a private placement basis
• Allottee category: Promoter Group

Who received the shares

The update names one allottee: Alka Agarwal, in the Promoter Group category, who was allotted 1,65,00,000 equity shares.

Share capital after the allotment

• Paid-up equity share capital: ₹ 28,76,58,100/-
• Divided into 28,76,58,100 equity shares of face value ₹ 1/- each

What to take away

• A fully convertible warrant is a security that converts into an equity share; here the conversion has been completed and the shares have been allotted.
• The allotment was made to a person belonging to the promoter group, on a preferential allotment and private placement basis, rather than to the public.
• The figures to track are the 1,65,00,000 shares issued, the ₹ 8.60/- issue price of the warrants, and the revised paid-up capital of ₹ 28,76,58,100 split into 28,76,58,100 equity shares of ₹ 1/- face value each.

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