Smart Money Alert
Alok Industries Limited
DecreasedSAST
ALOKINDSOther Textile ProductsMarket Cap₹4K Cr
Deal value
₹114.83 Cr
Shares
15.25 Cr
Trade date
3 Sept 2026
Since alert+3.2%₹7.83 → ₹8.08
Nifty 50−3.5%
JM
JM Financial Asset Reconstruction Company Limited (acting in its capacity as trustee of JMFARC–March 2018–Trust)
Promoter
The move
JM Financial Asset Reconstruction Company Limited, acting as trustee of JMFARC-March 2018-Trust, sold 15.25 crore shares of Alok Industries through the open market. This reduced the promoter group entity's stake from 34.99% to 31.92%.
A textile manufacturer engaged in producing cotton and polyester fabrics along with leather and apparel products. Alok Industries operates across the entire value chain, from manufacturing to mending and packing activities. The company serves domestic and international markets through its integrated textile production facilities and vertically coordinated operations in the textile and apparel sectors.
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