AIL ceases to be subsidiary, becomes associate after warrant conversion

Strategic Transactions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+3.7%Reaction day

₹38.52

prior close

₹40.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+4.0% vs market

Computers - Software & Consulting peers, median of 67sector+0.0%+3.7% vs sector

On the reaction day the stock moved 4.0 pts more than Nifty Microcap 250 and 3.7 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

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15m

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30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.7-0.3+4.0+0.0+3.7

Next day

+2.7-1.5+4.2-0.7+3.3

-1.0-1.5+0.5-1.2+0.2

+2.3-0.2+2.5-1.1+3.4

-2.1-0.5-1.6-1.0-1.1

+0.7-3.2+4.0-2.5+3.2

-2.6-2.2-0.5-1.1-1.5

15d

-9.1-9.5+0.3-5.8-3.4

-6.5pendingpending-4.6-1.9

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UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 67Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Alphalogic Industries Limited allotted 3.30 lakh equity shares on conversion of warrants to public category allottees. This diluted Alphalogic Techsys holding in AIL from 51.18% to 49.57%. AIL has ceased to be a subsidiary and become an associate. Techsys sold no shares and continues as promoter of AIL. AIL contributed about 89% of consolidated revenue and 27.21% of net worth in FY26.

Likely market impact

AIL remains a key revenue driver but is no longer a subsidiary; Techsys still holds 49.57% and stays as AIL promoter with no cash inflow.