Alan Scott Industries Ltd — Board Meeting, 24-04-2025: Board Meeting

Alan Scott Enterprises Limited has announced a board meeting outcome, approving a Rights Issue of up to ₹726.34 crore, with a record date set for May 2, 2025. Shareholders will receive one Rights equity share for every two shares held, with the issue opening on May 15 and closing on May 29, 2025. The board also appointed Mr. Vishesh Bapna as Chief Financial Officer and Ms. Sheetal Jagetiya as Company Secretary. This update signals potential capital infusion which may positively impact the company's growth trajectory and governance, enhancing investor confidence.