Further to disclosure dated November 07, 2023, Alok Industries has informed that upon receipt of subscription money of Rs 3,300,00,00,000 from Reliance Industries, the Company has today, at around 2.00 pm allotted to Reliance Industries 3,300,00,00,000 9% Non-Convertible Redeemable Preference Shares of Re 1 each for cash at par aggregating Rs 3,300,00,00,000, on the terms and conditions as approved by the shareholders of the Company vide special resolution passed on December 23, 2023.
The above information is a part of company’s filings submitted to BSE.
| 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.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: