16:15 IST
BSE
Adverse Business Impact
Alka India Adverse Business Impact
Alka India Limited has withdrawn its proposed preferential issue of 23,66,37,112 equity shares previously approved in February 2026. The decision follows a reassessment of fund-raising plans due to alternative considerations. The withdrawal includes both share swaps and loan conversions, but the company maintains this will not impact its financial stability or growth prospects.