Alok Industries completes sale of 100% stake in Mileta a.s.
ALOKINDS · price
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Alok Industries has completed the sale of its 100% equity stake in Mileta a.s., a step-down wholly owned subsidiary held through Alok Industries International Limited, on October 9, 2026. Following the sale, Mileta a.s. has ceased to be a subsidiary of the company. This is an update to an earlier disclosure dated December 16, 2025. The disclosure does not mention the sale value, buyer, or how the proceeds will be used.
Completes divestment of overseas subsidiary; use of sale proceeds not disclosed. Watch for management commentary on deployment and any impact on consolidated revenue.