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ALOK INDUSTRIES LTD. - 521070 - Closure of Trading Window

 This is to inform that pursuant to the Alok Code to Regulate, Monitor and Report Trading by Directors, Promoters, Designated Persons and Specified Connected Persons of the Company and Material Subsidiaries of the Company ("Alok Code"), the Trading Window Close Period will commence from 1st January, 2024 and end 48 hours after the Financial Results of the Company for the third quarter/ nine months ending 31st December, 2023 become Generally Available Information.
30-12-2023
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ALOK INDUSTRIES LTD. - 521070 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 We enclose the details of Letter of Confirmation issued by the company to its shareholder, in lieu of share certificate reported as lost by him.
27-12-2023
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ALOK INDUSTRIES LTD. - 521070 - Shareholder Meeting / Postal Ballot-Scrutinizer"s Report

 The Company had sought approval of its members by way of postal ballot for i) Alteration of the Association of the company ii) Reclassification and increase of Authorised share capital iii) issue of non convertibles, redeemable Preference shares on private placement basis. Details of voting result of the postal ballot, conducted through remote e-voting process, in respect of resolutions contained in the postal ballot notice dated 7th November 2023 is attached in the format prescribed under regulation 44 (3) of the Securities and Exchange Board of India (Listing obligations and Disclosure Requirements) Regulations, 2015 (Annexure- A) together with the scrutinizer''s report on the e-voting (Annexure-B). The said resolutions have been passed with the requisite majority on 23rd December 2023 (the last date of e-voting).
25-12-2023
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ALOK INDUSTRIES LTD. - 521070 - Shareholder Meeting / Postal Ballot-Outcome of Postal Ballot

 The Company had sought approval of its members by way of Postal Ballot for i) Alteration of Article of Association of company ii) Reclassification and increase of authorized share capital iii) Issue of Non convertible, Redeemable preference shares on private placement basis Details of voting results of the Postal Ballot, conducted through remote e-voting process, in respect of Resolutions contained in the postal ballot notice dated 7th November 2023 is attached in the format prescribed under Regulation 44 (3) of the Securities and Exchange Board of India (Listing Obligations Disclosure Requirements) Regulations, 2015 (Annexure - A) together with Scrutinizers report on the E-voting. (Annexure - B) The said resolutions have been passed with the requisite majority on 23rd December 2023 (last date of E-voting).
25-12-2023

Alok Industries gains on Rs 1,750-crore facility agreements with SBI

 Alok Industries has also signed agreements with SBI for working capital facility of Rs 90 crore for meeting working capital requirements.
07-12-2023
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ALOK INDUSTRIES LTD. - 521070 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations, 2015 - Facility Agreements With State Bank Of India

 The Company has today i.e. 6th December 2023 entered into facility agreements with State Bank of India for availing i) term loan of Rs. 1,750 crore for the purpose of repayment of existing term loans from banks as a part of financial restructuring; and ii) working capital facility of Rs. 90 crore for the purpose of meeting working capital requirements of the Company.
06-12-2023
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ALOK INDUSTRIES LTD. - 521070 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 Please find attached the clippings of the notice of Postal Ballot published today, 24th November, 2023 in the following newspapers: ''Business Standard'' in English language; and ''Lokmitra'' in Gujarati language. This is for your information and records.
24-11-2023
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ALOK INDUSTRIES LTD. - 521070 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

 Pursuant to Regulation 30 of the Listing Regulations, please find attached the Postal Ballot Notice dated 7th November, 2023, seeking approval of the members of the Company, by way of remote e-voting process for 1. Alteration of Articles of Association of the Company; 2. Reclassification and increase of Authorised Share Capital of the Company; 3. Issue of Non-convertible, Redeemable Preference Shares on Private Placement basis. Postal Ballot Notice is being sent only through electronic mode to the members whose names appear in the Register of Members/Register of Beneficial Owners, as on Friday, 17th November, 2023, received from Depositories and whose email address is registered with the Company/Registrar and Transfer Agent/Depository Participants/Depositories. The e-voting facility will be available during the following period: Commencement of e-voting: 9:00 a.m. on Friday, 24th November, 2023. End of e-voting : 5:00p.m. on Saturday, 23rd December, 2023.
22-11-2023
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ALOK INDUSTRIES LTD. - 521070 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations, 2015 - Facility Agreements With Axis Bank Limited.

 The Company has today i.e. 10th November, 2023 entered into facility agreements with Axis Bank Limited for availing i) a term loan of Rs.1,750 crore for the purpose of repayment of existing term loan from banks as a part of financial restructuring; and ii) working capital facility of Rs.100 crore for the purpose of meeting working capital requirements of the Company.
10-11-2023

Alok Industries stock soars 7% after board nod to Rs 3,300 crore NCD issue to Reliance Industries

 Shares of Alok Industries have gone up by 42.24 percent in the last 6 months.
07-11-2023
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