Fundraise / allotmentNotableFiled on BSE ·

Alstone Textiles to consider allotment of ₹300 crore 2% NCPS on Nov 4, 2026

Alstone Textiles (India) · Retailing

Arthneeti Research DeskPublished 1 min read
₹300 CrFundraise / allotment

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

Read the filing on BSE (PDF) →

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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.