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Alankit converted 1.65 crore fully convertible warrants into equity shares allotted to promoter-group member Alka Agarwal at ₹8.60 each, representing ₹14.19 crore at the issue price. Paid-up capital increased to 28.7658 crore shares, creating further promoter-related equity dilution.
Alankit Allots 5 Crore Warrants Worth ₹43 Crore To Promoter Group
Alankit Approves ₹86 Crore Preferential Warrant Issue Subject To Shareholder Approval