ALOKINDSAlok Industries Limited
Alok Industries completes sale of its 100% stake in Mileta a.s., which ceases to be a subsidiary
- Mergers & acquisitions
- Textiles
Alok Industries Limited has told the exchanges on 9 Oct 2026 that its step-down wholly owned subsidiary, Alok Industries International Limited, completed the sale of its 100% equity stake in Mileta a.s. on 9 Oct 2026. As a result, Mileta a.s. has ceased to be a subsidiary of the company.
The disclosure follows the company’s earlier disclosure of 16 Dec 2025 about the proposed sale.
Inference
The sale was announced about ten months earlier and is now complete. The filing reviewed here gives no price or financial effect, so the size of the deal is not stated.
Reference: Original filing (PDF)
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