Alphalogic Techsys Loses Subsidiary Status as Industries Holding Drops to 49.57%

Alphalogic Industries allotted 3.3 lakh shares to non-promoters on warrant conversion, diluting Techsys stake from 51.18% to 49.57%. AIL ceased as subsidiary and became associate from 29 Sep 2026; it contributed 89% of FY26 consolidated turnover. Context: first pending warrant conversion deconsolidating racks engine.