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Alok Industries - Outcome of Board Meeting

Alok Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 28, 2008, inter alia, has considered /decided / noted the following:
1. To issue and allot 98,00,000 equity shares of the face value of Rs 10/- each for cash at a premium of Rs 92/- per […]

Alok Industries - Board Meeting on Apr 28, 2008

Alok Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 28, 2008, inter alia, :
1. To consider the un-audited financial results for the quarter ended March 31, 2008.
2. Proposes to issue and allot 98,00,000 equity shares of the face value of Rs 10/- […]

Alok Industries - Press Release

Alok Industries Ltd has announced that Alok Industries Ltd, flagship company of the Alok Group with interests in textiles and infrastructure is on stream with financing plans for its infrastructure ventures. Alok?s team of merchant bankers are in talks with private equity players and investment bankers and are confident of achieving closing in the near […]

Alok Industries - Updates

Alok Industries Ltd has informed BSE that the Company has taken a 50% stake in Ashford Infotech Pvt Ltd, a part of the Ashford Group, through a wholly owned subsidiary, Alok Infrastructure Pvt Ltd for the joint development of realty projects.
Ashford Infotech Pvt Ltd, now a joint venture Company between the Alok Group and the […]

Alok Industries - Credit Rating

Alok Industries Ltd has informed BSE that Credit Analysis & Research Ltd have vide their letter dated March 05, 2008 reaffirmed the ‘PR1′ (PR One) rating for the Company’s Commercial Paper / Mibor linked Short Term Non Convertible Debentures / Short Term Debt program for an amount aggregating to Rs 500 crores (size enhanced from […]

Alok Industries - Outcome of Executive Committee Meeting

Alok Industries Ltd has informed BSE that the Executive Committee of Board of Directors of the Company at its meeting held on February 26, 2008, pursuant to resolution passed through postal ballot under section 81 and 81(1A) of the Companies Act, 1956 on February 14, 2008, has issued and allotted the equity shares and warrants […]

Alok Industries - Updates

Alok Industries Ltd has informed BSE that, with reference to issue of 1% - 1400 unsecured Foreign Currency Convertible Bonds (FCCBs) of USD 50000 each aggregating to USD 70.00 million issued and allotted in two tranches i.e in May and June 2005.

The Company have received three conversion notices from the Company’s Paying, Conversion and Transfer […]

Alok Industries - Updates on Result of Postal Ballot

Alok Industries Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have passed the resolution to offer and issue for cash on a preferential basis
(i) upto 13,75,000 Equity Shares of face value Rs 10/- each of the Company at a premium of Rs 92/- per share to the Promoter […]

Alok Industries - Result of Postal Ballot

Alok Industries Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have passed the following Special Resolutions / Ordinary Resolutions, with requisite majority:
1. Consent under Section 81 (1A) of the Companies Act, 1956 authorizing the Board of Directors / Executive Committee of Board of Directors to offer, issue and […]

Alok Industries - Updates

Alok Industries Ltd has informed BSE that with reference to issue of 1% - 1400 unsecured Foreign Currency Convertible Bonds (FCCBs) of USD 50000 each aggregating to USD 70.00 million issued and allotted in two tranches i.e. in May and June 2005.

The Company have received one conversion notice from the Paying, Conversion and Transfer Agent […]