The Board Meeting to be held on 06/11/2025 has been revised to 13/11/2025 In continuation of our earlier intimation dated October 31, 2025 and pursuant to Regulation 29 (1) (a) of the SEBI ....
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Alan Scott Enterprises Ltd has rescheduled its board meeting from November 6, 2025 to November 13, 2025 due to unavoidable circumstances. The meeting will consider approval of unaudited standalone and consolidated financial results for Q2 and H1 FY26 (ended September 30, 2025). It will also consider acquiring a 60% controlling stake in Alanscott Qubiverse Limited (AQL), a newly incorporated (September 9, 2025) technology company focused on quantum-inspired computing, AI systems, and educational technology. The cash consideration is INR 3 lakhs for 30,000 equity shares at INR 10 each, with completion targeted within 30 days. AQL will become a subsidiary of Alan Scott Enterprises.
The trading window for insiders remains closed until 48 hours after Q2 results are declared on November 13. The acquisition, while small in value (INR 3 lakhs), marks a strategic entry into quantum computing and AI. Investors should note that the company's promoter Mr. Sureshkumar Jain already holds 39.99% in AQL, making this a related party transaction that requires fair dealing scrutiny.