Mumbai, Oct. 6 -- Alan Scott Enterprises Limited (BSE: 539115), a diversified innovation-led holding company, has announced that its Board has approved the issuance of five lakh fully paid-up equity shares at Rs 250 per share, aggregating Rs 12.50 crore, through a preferential allotment to reputed non-promoter investors (HNIs).
The funds will be deployed as equity and structured debt across subsidiaries, enabling the next level of expansion as most group companies transition from their R&D and prototype phase into proof-of-concept and commercial sales stage. This marks a pivotal moment in Alan Scott's journey to scale its technology-driven ventures spanning automation, clean energy, education, and wellness.
The company also announced the ...