Alan Scott Industries Ltd — Dividend/Bonus, 12-05-2025: Corp. Action

Alan Scott Enterprises Limited has announced a board meeting to consider and approve a Rights Issue of 18,15,863 fully paid-up equity shares at ₹40 per share (including a ₹30 premium), aggregating up to ₹726.34 lakhs. The issue ratio is 1 equity share for every 2 shares held by eligible shareholders. The rights shares will be allotted only in dematerialized form to the existing shareholders as on the record date. Applications must be made through the ASBA process, with provisions for renunciation of rights on and off the market. The company’s existing shares are listed on BSE (Scrip Code: 539115), and the new shares will be credited to a temporary ISIN until final listing approvals. Eligible shareholders holding shares in physical form must update their demat details to participate.