Alstone Textiles to consider allotment of ₹300 crore 2% NCPS on Nov 4, 2026
Alstone Textiles (India) · Retailing
Key highlights
- Board meeting scheduled on 4th November 2026 at 4:00 PM to consider allotment proposals
- Proposal to allot ₹300 crore 2% Non-Convertible Preference Shares (NCPS) of ₹1 each at par
- Allotment to be made by converting an existing unsecured loan of ₹300 crore into NCPS
Why it's rated notable: not yet binding (letter of intent, proposal or subject to approvals)
Original filing
Board Meeting Intimation for Prior Intimation Of Board Meeting Under Regulation 29(1)(D) - To Consider Allotment Of Rs. 300 Crore 2% NCPS Out Of Rs. 500 Crore Authorized
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More from Alstone Textiles (India)
- Fundraise / allotmentMajor developmentAlstone Textiles allocates ₹300 crore 2% Non-Convertible Preference Shares
Other fundraise / allotment filings this fortnight
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
