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The preferential shares were issued at a dividend rate of 9 percent on a private placement basis to RIL.

Alok Industries stock soars 20% after RIL pours in Rs 3,300 cr via preferential shares

Alok Industries Ltd. engages in the manufacture of textile, leather, and other apparel products. The firm offers cotton and blended yarn, woven fabric, knitted fabric, work wear fabrics, embroidery, garments-woven and knitted, bed linen, terry towel, polyester texturized yarn, partially oriented yarn, fully drawn yarn, shopping bags, and handkerchief. The company was founded by Surendra Bhagirathmal Jiwrajka and Bhagirathmal J. Jiwrajka on March 12, 1986 and is headquartered in Mumbai, India.

Alok Industries Ltd.

52-Wk High	39.05
52-Wk Low	12.60

ALOKINDS.NSE Alok Industries Ltd.

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