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

The company's board has approved the issuance of up to 18 lakh fully convertible warrants at Rs. 28 per share, totaling 5.04 Cr, to promoters and a non-promoter, subject to shareholder approval. These warrants can convert into equity shares within 18 months. Additionally, the board prepared for the upcoming Annual General Meeting and approved key leadership changes: Mr. Vedant Goel will step down as Managing Director, becoming a Non-Executive Director, while Mr. Montubhai Gandhi will be redesignated as Managing Director. A new Secretarial Auditor was also approved, subject to shareholder consent. These moves reshape the company's capital structure and leadership team.