ALPHA TRIBE

LKP Securities LtdImportant, 21-08-2025: Company Update

21-08-2025 | 06:20 pm

The company has withdrawn and cancelled its proposed preferential issue of up to 47.62 lakh equity shares. This decision follows the untimely demise of Late Mr. Mahendra Doshi, who was the intended allottee (on behalf of M/s L K Panday). Consequently, the Board's previous approval, the ongoing shareholder voting process, and all related applications for this share issue are now invalid. This development directly impacts the company's immediate plans for capital infusion and the associated changes in its equity structure.

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