Alphalogic Techsys Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2024
Auditor and Management Disclosures and Notes for the quarterly results dated 31 Dec 2024
1. The above standalone financial results have been reviewed by the Audit Committee at its meeting held on 24.01.2025 and
approved by the Board of Directors at their meeting held on 24.01.2025.
2. These financial statements have been prepared in accordance with the Companies (Indian Accounting Standards) Rules,
2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and
policies to the extent applicable.
3. The statutory auditors have carried out limited review of the financial results for the quarter ended December 31, 2024 and
have issued an unmodified opinion.
4. The Company has made allotment of 1,41,33,695 Bonus Equity Shares in the Ratio 14:48, i.e., 14 (Fourteen) equity shares
of nominal value of Rs. 05/- (Rupees Five only) each fully paid up for every 48 (Forty Eight) existing equity shares held of
nominal value of Rs. 05/- (Rupees Five only) each on 16.07.2024. EPS for the comparative periods has been restated
accordingly.
5. The Company has made conversion of 7,70,000 warrants into 7,70,000 Equity shares of face value of Rs. 05/- each by way
of preferential allotment and accordingly allotted 7,70,000 Equity Shares of face value of Rs. 05/-each fully paid up on
account of conversion on 08.05.2024. Further, along with the above allotment Company also made allotment of 2,56,666
Bonus Equity Shares to the eligible allottees who were entitled for bonus shares reserved for outstanding convertible
warrants in the ratio of 1:3 post conversion of warrants. EPS for the comparative periods has been restated accordingly.
6. The Company has made conversion of 4,47,000 warrants into 4,47,000 Equity shares of face value of Rs. 05/- each by way
of preferential allotment and accordingly allotted 4,47,000 Equity Shares of face value of Rs. 05/- each fully paid up on
account of conversion on 14.02.2024. Further, along with the above allotment Company also made allotment of 1,48,999
Bonus Equity Shares to the eligible allottees who were entitled for bonus shares reserved for outstanding convertible
warrants in the ratio of 1:3 post conversion of warrants. EPS for the comparative periods has been restated accordingly.
7. The Company has made Bonus issue of 1,17,12,118 equity shares in the ratio 1:3, i.e., 1(One) equity share of nominal value
of Rs. 05/- (Rupees Five only) each fully paid up for every 3 (Three) existing equity shares of face value Rs 05/- (Rupees Five
only) each on 23.12.2023. EPS for the comparative periods has been restated accordingly.
8. The Company has made Bonus issue of 1,12,86,589 equity shares in the ratio 1:2, i.e., 1(One) equity share of nominal value
of Rs. 5 each fully paid up for every 2 (Two) existing equity shares of face value of Rs. 5 each on 22.09.2022. Also, company
issued by way, of preferential allotment, 25,00,000 warrants at the rate of Rs. 42 per share in its Extra-Ordinary General
Meeting held on 11th November 2022 and subsequently issued 12,83,000 equity shares of face value Rs. 5 each on
19.11.2022.
9. The Company has made Bonus issue of 74,95,119 equity shares in the ratio 27:10 at face value of Rs. 10 each on 10.08.2021
and company has also subdivided its share from face value of Rs 10 each to Rs 05 each on 06.10.2021. Also, Company has
also made preferential allotment on private placement basis at a price of Rs. 29.55 of 20,31,000 shares on 14.02.2022.
10. The unaudited Financial Results of the Company are available on Company's website i.e., www.alphalogicinc.com and also
on the website of BSE Limited, www.bseindia.com, where the Shares of the Company are listed.
11. The figures for the comparative periods have been regrouped/reclassified wherever necessary. All the regroupings and
reclassifications are on account of change in the presentation or classification of items. The above regroupings and
reclassifications have no impact on the profit of the company for the quarter ended December 31, 2024 or the previous
periods.