Alphalogic Techsys542770Promoter stake update

Alphalogic Industries Ceases To Be Subsidiary, Becomes Associate After Warrant Conversion Dilution

Alphalogic Industries Ltd (AIL) allotted 3,30,000 equity shares of Rs. 10/- each on warrant conversion to public allottees.

Tue 29 Sep 2026

89%AIL share of consolidated turnover

AIL share of consolidated turnover: 89%.

Warrant Conversion Allotment: 3,30,000 equity shares of Rs. 10/- each
Promoter Stake Change: Diluted from 51.18% to 49.57%
Shareholding Held: 52,14,528 shares (unchanged)
Status Change Effective Date: 29th September, 2026
AIL Contribution to Consolidated Turnover: 89% of consolidated turnover in FY 2025-26

What happened

Alphalogic Industries Limited (AIL), listed on the SME Platform of BSE, allotted 3,30,000 Equity Shares of face value Rs. 10/- each upon conversion of warrants issued under a preferential issue. The allottees belong to the Non-Promoter / Public category.

Why the stake changed

Alphalogic Techsys neither sold nor transferred any AIL shares and continues to hold 52,14,528 Equity Shares.
AIL's total share capital rose from 1,01,89,200 to 1,05,19,200 equity shares.
The holding therefore diluted from 51.18% to 49.57%.

Effect

With effect from 29th September, 2026, AIL has ceased to be a subsidiary under Section 2(87) of the Companies Act, 2013 and has become an associate company under Section 2(6). The company continues to be the Promoter of AIL.

Scale of AIL in the group

Turnover / Revenue in FY 2025-26: ₹4.507.64 lakh, being 89% of consolidated turnover.
Net worth: ₹1,403.65 lakh, being 27.21% of consolidated net worth.

What it can mean for investors

AIL contributed a large share of consolidated turnover. Moving from subsidiary to associate typically changes how the entity is reflected in consolidated accounts, since associates are not line-by-line consolidated. There is no sale consideration involved, as the change arose purely from dilution.

1,05,19,200 Equity SharesAIL total shares -allotment

AIL total shares pre-allotment1,01,89,200 Equity Shares

Equity shares allotted by AIL on warrant conversion3,30,000 Equity Shares

AIL total shares -allotment 1,05,19,200 Equity Shares: AIL total shares pre-allotment 1,01,89,200 Equity Shares, Equity shares allotted by AIL on warrant conversion 3,30,000 Equity Shares.

More numbers

Equity shares allotted by AIL on warrant conversion3,30,000 Equity Shares
Face value per shareRs. 10/- each
Shares of AIL held by the company52,14,528 Equity Shares
Pre-event shareholding percentage51.18%
Post-event shareholding percentage49.57%
AIL total shares pre-allotment1,01,89,200 Equity Shares
AIL total shares post-allotment1,05,19,200 Equity Shares
AIL turnover FY 2025-26₹4.507.64 lakh
AIL share of consolidated turnover89%
AIL net worth₹1,403.65 lakh
AIL share of consolidated net worth27.21%

Source: BSE · 29 Sep 2026

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