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

Alan Scott Enterprises Limited has announced a rights issue of up to 18.16 lakh equity shares at ₹40 each, aggregating ₹726.34 lakhs, offered to existing shareholders in a 1:2 ratio. The net proceeds will fund increased stakes in subsidiaries across retail, technology, healthcare, and media sectors, with allocations including ₹150 lakhs each for Alan Scott Retail and Automation & Robotics, ₹100 lakhs each for Envirotech and Metastar Media, and ₹150 lakhs for Upnup Life, alongside ₹25 lakhs for issue expenses and ₹51.34 lakhs for general corporate purposes. The promoter intends to fully subscribe to his entitlement and any unsubscribed shares. The company has been generating revenues primarily through its subsidiaries and has reported losses in recent years but aims to expand through this capital infusion. No material legal disputes or defaults are reported.