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Alok Industries’ promoters group hike shareholding in the company

17 Sep 2011 Evaluate

Alok Industries’ promoter group company Alok Finance has purchased additional 1,13,171 equity shares of the company in the open market under creeping acquisition, constituting 0.01% of the paid up capital of the company, and thereby increased their holding in the paid up capital of the company to 2.63% from 2.62%.

Following this acquisition, the holding of promoters and promoters Group of the company in the paid up capital of the company stands at 29.83% from 29.82%.

Earlier in August, the company’s promoter group company-Niraj Realtors and Shares- purchased additional equity shares of the company in the open market under creeping acquisition, constituting 0.12% of the paid up capital of the Company, and thereby increased their holding in the paid up capital of the Company to 8.80% from 8.68%.

Alok has evolved from a small trading business into India’s largest integrated textiles player. It is present across various verticals of the textile value chain - from yarn manufacturing to garmenting. Alok’s production facilities are at Silvassa, Vapi and Navi Mumbai. The company also has a presence in the domestic retail segment and in real estate through a wholly-owned subsidiary.

Alok Inds Share Price

14.31 -0.12 (-0.83%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
View more..

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