Alok Industries Limited
Alok Industries is a textile company with a presence in the cotton and polyester segments. The Company is engaged in manufacturing of textile, including mending and packing activities; leather and other apparel products.
What Alok files
- Others56
- Important9
- Board Meeting5
- Updates1
- Results1
Alok Industries reported major improvements in worker safety, with LTIFR dropping to 0.60. Yet, energy and water intensity per rupee of turnover significantly rose, and one factory missed its energy efficiency target. 100% of capex was directed to environmental projects, and sustainable sourcing increased. Accounts payable days also lengthened.
Alok Industries has designated its Manager, CFO, and Company Secretary as Key Managerial Personnel authorized for determining event materiality and making disclosures to stock exchanges. This update streamlines corporate communication.
Contact details of Key Managerial Personnel of the Company authorised under Regulation 30(5) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Alok Industries' subsidiary sold its 100% stake in textile unit Mileta for EUR 558,825. Mileta contributed ~4.11% to consolidated turnover. This divestment is significant given Alok Industries' consolidated net worth of negative Rs. 16,755.15 Cr.
Alok Industries (ALOKINDS) has scheduled its 38th Annual General Meeting (AGM) for September 4, at 4:00 p.m. The meeting will be conducted virtually. Shareholders eligible to vote on resolutions will be determined based on the August 28 cut-off date. This is an important operational update for investors regarding participation and...