ALSTONE TEXTILES : TO ALLOT RS 300 CR NCPS ON LOAN CONVERSION

• Board meeting on 4 November 2026 at 4:00 PM to consider allotment of ₹300 Cr 2% NCPS • 300,00,00,000 NCPS of ₹1 each at par, out of ₹500 Cr authorized preference capital • Allotment to be made on conversion of existing unsecured loan of ₹300 Cr into non-convertible preference shares • No fresh cash inflow; the unsecured loan gets replaced by 2% preference capital Impact: Neutral (Balance-sheet reclassification of ₹300 Cr loan into preference capital; dilution-free but adds preference dividend obligation)

Alstone Textiles (India) Ltd

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