Alliance Integrated Metaliks Approves ₹15 Crore Loan With Conversion Option

Board approved raising unsecured loan up to 15 Cr with option to convert into equity, subject to AGM nod. Added Item 4 to 37th AGM on 25 Sep 2026. Funds earmarked primarily for OTS with lenders. First external cash funding attempt since withdrawn warrants; prior recapitalisations were non-cash. Advances long-stalled OTS effort that drives the name. Lender, interest, tenure and conversion price undisclosed; conversion needs further approvals. Funding and OTS terms still unresolved; adds debt unless converted.