Announced Mon, 13 Jul · 23:12 IST
UK step-down subsidiary Grabal Alok dissolved; was non-operating with zero contribution
Strategic Transactions View source PDF
ALOKINDS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.0%1-day move
₹12.79
prior close
₹12.74
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+0.5+0.8+0.2-2.0-2.2-3.4-4.4-4.0-5.9————
Up moveDown movePending
AI summary
Grabal Alok (UK) Limited, a step-down subsidiary of Alok Industries, has been dissolved effective July 11, 2026 and has ceased to be a subsidiary. GAL was a non-operating company and its contribution to consolidated turnover and net worth for FY 2025-26 was Nil. The intimation was received by the company on July 13, 2026.
Likely market impact
Minimal financial impact. GAL was dormant with nil contribution to turnover and net worth. Routine housekeeping disclosure.