with reference to Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby inform that our Subsidiary Company, Alphalogic Industries Limited, has proposed an issue of up to 18,00,000 warrants. ....
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Awaiting price reaction for this filing.
Alphalogic Techsys's board met on August 30, 2025 and approved several items. The 7th Annual General Meeting was fixed for September 24, 2025 (via video conferencing), along with the Board Report and Annual Report for FY 2024-25. The board appointed M/s Anuradha Acharya & Co as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30) and Mr. Ritesh Agrawal as the new Internal Auditor, replacing Mr. Anand Acharya who resigned citing professional reasons. The most material item: the board approved investing up to Rs 3.28 crore in subsidiary Alphalogic Industries Limited, which is issuing 18 lakh fully convertible warrants at Rs 28 per warrant on a preferential basis. Alphalogic Techsys will subscribe to up to 11.7 lakh of these warrants.
The warrant subscription is a capital commitment into its subsidiary and could lead to equity dilution at the subsidiary level once converted. The auditor changes appear routine and governance-related, with no negative signals for shareholders.