Alan Scott Enterprises Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/10/2025 ,inter alia, to consider and approve (1) The proposal for ....
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Alan Scott Enterprises Ltd has informed BSE that its Board of Directors will meet on Saturday, October 4, 2025, at 11:00 AM at its registered office in Mumbai. The key agenda item is to consider and approve a proposal for raising funds through the issuance of equity shares via preferential allotment, subject to applicable regulatory approvals. The filing is made under Regulation 29(1)(a) of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. No financial figures or detailed terms of the preferential issue are disclosed in this intimation; those details are expected to be shared after the board meeting.
If approved, the preferential allotment will dilute existing shareholders' equity and bring in fresh capital for the company. The stock may see movement after October 4 once the terms (issue price, number of shares, and identity of allottees) are formally announced.