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Alphalogic Industries converts warrants, allotting shares to Vivaro Enterprises, diluting Techsys’ stake
29-Sep-2026, 10:14

Alphalogic Industries Limited has allotted 3,30,000 equity shares with a face value of Rs 10 each upon the conversion of an equal number of warrants to Vivaro Enterprises Limited for Rs 69,30,000, increasing the company's issued, subscribed, and paid-up equity share capital to Rs 10,51,92,000 consisting of 1,05,19,200 equity shares. The allotment resulted in a dilution of Alphalogic Techsys Limited’s shareholding from 51.18% to 49.57%, causing the company to cease being a subsidiary of Alphalogic Techsys Limited, which remains the Promoter of the Company.