Autoline Industries Limited has announced the allotment of 32,65,000 convertible warrants, each at a price of ₹75, to its promoter, Mr. Shivaji Tukaram Akhade. This preferential issuance, approved by the Board of Directors via circulation on February 05, 2026, amounts to a total consideration of ₹24,48,75,000 (₹24.49 Crore). This decision follows the Board Meeting held on December 03, 2025, and the subsequent approval from shareholders during the Extra Ordinary General Meeting on January 02, 2026. The issuance is in compliance with the Companies Act, 2013, and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
