This is to inform you that the Company had raised an amount of ? 6,75,00,000 (Indian Rupees Six Crores Seventy-Five Lakhs) through a Preferential Issue in accordance with Chapter V of the ....
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 raised ₹6.75 Crores through a Preferential Issue of 2,70,000 equity shares to select non-promoter investors, with allotment made on December 1, 2025. The original plan was to raise ₹12.5 Crores, but two investors could not subscribe due to pending legal proceedings, so the target was revised downwards. The Audit Committee confirmed there has been no deviation in the use of proceeds as per the revised objects. During the quarter ended December 31, 2025, the company used ₹109.39 Lakhs out of the ₹675 Lakhs raised — mainly ₹60 Lakhs went toward acquiring additional equity in subsidiary Alan Scott Bluverge Pvt Ltd, ₹45.66 Lakhs toward general corporate purposes, and ₹3.73 Lakhs toward issue expenses. Most of the allocated amounts for other subsidiaries and NCD subscriptions in Alanscott entities remain unutilised.
This is a routine compliance filing confirming no misuse of funds raised via the preferential issue. Shareholders should note that the actual amount raised was nearly half the originally planned size, which may dilute earlier per-share growth assumptions. Pending deployment into various subsidiaries (UpNup Life, Learnix, Omnis AI, Satwik, Automation) means the capital raise has not yet translated into stated expansion or acquisition activity.