In continuation of our disclosures dated August 14, 2024, September 5, 2024, April 24, 2025, and May 7, 2025, and pursuant to the in-principle approval received from BSE Ltd. (Ref. No: ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Alan Scott Enterprises Ltd has submitted copies of newspaper advertisements published on May 12, 2025 (in Financial Express, Janasatta, and Pratahakal) for its proposed Rights Issue. The company is offering 18,15,863 fully paid-up equity shares of ₹10 face value at ₹40 per share (including a ₹30 premium), aggregating up to ₹726.34 lakhs. The issue is on a rights basis in the ratio of 1 equity share for every 2 fully paid-up shares held by eligible shareholders as on the record date of Friday, May 2, 2025. The issue opens on May 15, 2025, with last date for on-market renunciations on May 23, 2025, and closes on May 29, 2025. The promoter is Mr. Suresh Pukhraj Jain, ICICI Bank is the banker, and Purva Sharegistry is the registrar.
Existing shareholders need to decide whether to subscribe, renounce, or let their rights entitlements lapse by May 29, 2025. Successful full subscription will raise ₹726.34 lakhs for the company, potentially leading to share dilution of up to ~33% (1-for-2 ratio).