Approval of notice for calling of fifth (05th) Annual General Meeting (AGM) of the Company for the Financial Year ended March 31, 2025 and decided to convene 05th AGM on 24th September ....
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The board of Alphalogic Industries approved convening the 5th AGM on 24th September 2025 at 2:00 p.m. via video conferencing, along with the Board's Report and Annual Report for FY 2024-25. The cut-off date for e-voting is 17th September 2025 and the book closure runs from 17th to 24th September 2025. The board also approved a preferential issue of up to 18 lakh fully convertible warrants at Rs. 28 per share (including Rs. 18 premium), aggregating up to Rs. 5.04 crore, to be allotted to promoter group entities (Alphalogic Techsys and Neha Anshu Goel) and a non-promoter (Vivaro Enterprises), subject to shareholder approval. Mr. Vedant Goel will step down as Managing Director on 30 September 2025 and be redesignated as a Non-Executive Non-Independent Director, while Mr. Montubhai Gandhi will take over as the new Managing Director from 1 October 2025. M/s Anuradha Acharya & Co. was appointed as Secretarial Auditor for five years (FY26–FY30), and Mr. Ritesh Agrawal replaced Mr. Anand Acharya as Internal Auditor with immediate effect.
Shareholders should watch the 24th September AGM for voting on the Rs. 5.04 crore preferential warrant issue, which could lead to equity dilution once warrants are converted. Leadership is transitioning from Vedant Goel to Montubhai Gandhi from October 2025, a change investors should monitor for execution continuity. E-voting eligibility is locked to holdings as of 17th September 2025.