Autoline Industries Limited has received in-principle approval from both the BSE Limited and the National Stock Exchange of India Limited for the preferential issue of 32,65,000 convertible warrants. These warrants are to be issued at a price of not less than ₹75 per warrant to a promoter on a preferential basis. The approvals were communicated via letters dated January 21, 2026, from NSE (Ref No: NSE/LIST/52401) and BSE (LOD/PREF/GB/FIP/1567/2025-26). The company was advised by both exchanges to strengthen internal controls to monitor trades executed by proposed allottees to avoid non-compliance with SEBI (ICDR) Regulations. This includes obtaining an undertaking from the allottees confirming they will not engage in intra-day trading or sell the company's scrip until the allotment date. The responsibility for verifying compliance rests solely with Autoline Industries Limited. Furthermore, upon allotment, the company is required to make a listing application within twenty days, as per SEBI circulars and LODR Regulations. Both exchanges reserve the right to withdraw their in-principle approval if any submitted information is found to be incomplete, incorrect, misleading, or false, or if there is a contravention of any rules, regulations, or guidelines.
