Alphalogic Industries Ltd — Important, 30-08-2025: Company Update

Alphalogic Industries' Board has approved key strategic moves, including a preferential allotment of up to 18 lakh fully convertible warrants at Rs. 28 each, totaling Rs. 5.04 Crore, to promoters and non-promoters. These warrants are convertible into equity shares within 18 months, subject to shareholder approval. Additionally, the Board approved the appointment of M/s Anuradha Acharya & Co. as Secretarial Auditor and Mr. Ritesh Agrawal as Internal Auditor. Mr. Vedant Goel will transition from Managing Director to Non-Executive Director, with Mr. Montubhai Gandhi stepping in as the new Managing Director, pending shareholder approvals.