Alankit shares jumped nearly 18 percent intraday Monday as promoters will increase stake more than three-fold in the company through a deal struck with large investors.
IT service management company, in its BSE filing on June 2, said Alok Kumar Agarwal, Ankit Agarwal, Alka Agarwal, Pratishtha Garg, Sakshi Agarwal, Alankit Assignments and Alankit Associates have entered into a share sale / purchase confirmation with public shareholders of the company for acquisition of 5.4 crore equity shares (representing 37.78 percent of paid-up equity).
There were two sellers among public shareholders, who are Diwakar Commercials (18.19 percent stake) and NewWave Commercial (19.59 percent).
With this, promoters or acquirers have triggered the open offer to acquire 3.7 crore equity shares of the company (representing 26 percent of paid-up equity) at Rs 33.3 per share, it added.
In an interview with CNBC-TV18, Ankit Agarwal, MD said promoters struck a deal with large investors.
"Promoters wanted to increase stake in the company but we are not planning to de-list company," he said.
As of March 2017, promoter and promoter group held 24.34 stake in the company and the rest is held by public shareholders.
Meanwhile, profit of the company increased significantly to Rs 13.27 crore in FY17 from Rs 3.7 crore in previous year while revenue rose nearly 3-fold to Rs 85.1 crore from Rs 29.6 crore YoY.
At 13:28 hours IST, the stock price was quoting at Rs 36.15, up Rs 4.45, or 14.04 percent on the BSE.Posted by Sunil Shankar Matkar
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Alankit Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011| Announcement
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aditya Birla Finance Ltd
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Alankit Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011| Announcement
The Exchange has received the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Alankit Assignments Ltd
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Alankit Certificate Under Reg 40(9) Of SEBI (Listing Obligations And Disclosure Requirements)Regulations, 2015 For The Half Year...| Announcement
I have examined all Share Transfer Deeds, Memorandum of Transfers, Registers, files and other documents relating to ALANKIT LIMITED having its registered office at 205-208, Anarkali Complex, Jhandewalan Extension, New Delhi-110055 maintained by Alankit Assignments Limited having its office at 1E/13, Jhandewalan Extension, New Delhi-110055, pertaining to transfer of equity shares of the company for the period from 1st April, 2017 to 30th September, 2017 for the purpose of issuing a Certificate as per Regulation 40(9) of the Listing Agreement entered into by, Alankit Limited with BSE and NSE and based on the information provided by the Company, I hereby certify that the Company has delivered during half year ended on 30th September, 2017 : a) Share Certificate(s) relating to the transfer of Shares received during the period from 1st April, 2017 to 30th September, 2017 as entered in the Memorandum of Transfers have been issued within thirty days of the date of lodgment for transfer, sub-division, consolidation, renewal, exchange or endorsement of calls/allotment monies from respective date of lodgment of each deed excepting those rejected on technical grounds.
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Alankit Updates on Open Offer| Announcement
Mark Corporate Advisors Pvt Ltd ("Manager to the Open Offer") has submitted to BSE a Copy of Offer Opening Public Announcement under Regulation 18(7) of SEBI (SAST) Regulations, 2011, as amended, for the attention of the Shareholders of Alankit Ltd ("Target Company").
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Alankit Outcome of Board Meeting| Announcement
We are pleased to inform you that the Board of Directors of the company at their meeting held on 9th August, 2017, have considered the following businesses: 1. The Board considered and adopted the Uunaudited Standalone Financial results (under IND-AS) of the Company for the 1st quarter ended 30th June, 2017 along with the Limited Review Report. 2. The Board approved the revise notice of the 28th Annual General Meeting of the Company to be held on Tuesday, the 26th day of September, 2017 at 10.00 AM. The share transfer books shall remain closed from 20th September, 2017 to 26th September, 2017 (both days inclusive).
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Alankit Statement Of Investor Complaints For The Quarter Ended 30.06.2017.| Announcement
Dear Sir In terms of Regulation 13 sub regulation (3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the status of investor complaints with respect to Equity Shares of Alankit Limited for the quarter ended 30th June, 2017 is as follows:- Number of investor complaints pending as on 01.04.2017 NIL Number of investor complaints received during the quarter 1 Number of investor complaints disposed-off during the quarter 1 Number of investor complaints unresolved as on 30.06.2017 NIL
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Alankit Fixes Book Closure for Dividend & AGM| Announcement
Alankit Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 23, 2017 to August 29, 2017 (both days inclusive) for the purpose of Payment of Dividend & 28th Annual General Meeting (AGM) of the Company to be held on August 29, 2017.
Alankit Financial Results For 31.03.2017| Announcement
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Alankit Board to consider Final Dividend| Announcement
Alankit Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on May 30, 2017, inter alia, to consider and take on record the followings: 1. To consider and recommend the final Dividend and fix record date. 2. To consider and adopt audited Standalone financial statement for the 4th quarter and financial year ended March 31, 2017 along with Audited Balance Sheet and Auditors Report. 3. To consider and adopt audited consolidated financial statements of the Company for the financial year ended March 31, 2017 along with Audited Balance Sheet and Auditors Report. 4. To approve draft Directors Report along with enclosures and to authorize Directors to sign the same. 5. To fix date, day and time of Annual General Meeting and approve draft notice of Annual General Meeting. 6. To fix cut off date and book closure for Annual General Meeting.
Alankit BOARD MEETING ON 30.05.2017| Announcement
We wish to inform you that a meeting of the Board of Directors of Alankit Limited is scheduled to be held on Tuesday, the 30th May, 2017 at 4E/2, Jhandewalan Extension, New Delhi-110055 to interalia consider and take on record the followings: 1. To consider and recommend the final Dividend and fix record date. 2. To consider and adopt audited Standalone financial statement for the 4th quarter and financial year ended 31st March, 2017 along with Audited Balance Sheet and Auditors Report. 3. To consider and adopt audited consolidated financial statements of the company for the financial year ended 31st March, 2017 along with Audited Balance Sheet and Auditors Report. 4. To approve draft Directors Report along with enclosures and to authorize Directors to sign the same. 5. To fix date, day and time of Annual General Meeting and approve draft notice of Annual General Meeting. 6. To fix cut off date and book closure for Annual General Meeting.
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