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Alan Scott Industries LtdUpdates, 11-07-2025: Company Update

11-07-2025 | 05:05 pm

Alan Scott Enterprises Limited has utilized proceeds from its rights issue to acquire additional equity stakes in five subsidiaries, strengthening its presence across diverse sectors. It increased its holding in Alan Scott Retail Limited to 76%, supporting expansion of retail stores in key Indian cities, with turnover growing from INR 5.05 Cr in FY23 to INR 25.94 Cr in FY25. The company also boosted its stake in Alan Scott Automation & Robotics Limited to 66.96%, focusing on industrial automation solutions with FY25 turnover of INR 4.17 Cr. Alan Scott UpnUp Life Private Limited became a subsidiary with a 64% stake, advancing a digital platform for youth skill development. In the Web3 space, it acquired 9.09% of Metastar Media Private Limited to enhance digital engagement. Lastly, it is set to complete acquisition of 65% in Alan Scott Envirotech Private Limited, which develops clean tech products for air and water quality, targeting a product launch in FY26. These strategic investments diversify the group’s portfolio and position it for growth in retail, technology, and clean tech sectors.

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