In terms of Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We are enclosing herewith Annual Report for the Financial Year 2024-25 of ....
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Alphalogic Industries Ltd has submitted its 5th Annual Report for FY 2024-25 to BSE under Regulation 34(1) of SEBI LODR. The 5th Annual General Meeting is scheduled for September 24, 2025 at 2:00 PM via video conferencing, with e-voting open from September 20–23, 2025 (cut-off date September 17, 2025). Key business items include adoption of audited FY25 financials, re-appointment of Mr. Anshu Subhash Goel as director, and appointment of M/s Anuradha Acharya & Co. as Secretarial Auditors for five years (FY26–FY30). The notice also seeks approval for material related party transactions up to Rs. 165 crore for FY26, and issuance of 18 lakh convertible warrants at Rs. 28 per share (aggregating Rs. 5.04 crore) on a preferential basis to promoter and non-promoter entities. Major leadership changes are proposed: Mr. Vedant Goel will step down as Managing Director effective September 30, 2025 and be redesignated as Non-Executive Non-Independent Director, while Mr. Montubhai Gandhi (currently Executive Director & CEO) will be redesignated as Managing Director & CEO for a five-year term effective October 1, 2025.
Shareholders should review the AGM notice carefully as it includes a preferential warrant issue (potential dilution) and a substantial related party transaction limit of Rs. 165 crore. The leadership transition signals a strategic shift, with operational handover from founder Vedant Goel to long-time CEO Montubhai Gandhi, which may influence future direction and investor sentiment.