Alps Industries Ltd

AGM Details

• AGM held on 30 September 2026 via Video Conferencing (CDSL).
• Meeting time 03:00 P.M. to 03:50 P.M.
• Remote e-voting facility provided by CDSL.

Key Resolutions

• Adoption of audited balance sheet, P&L, cash flow, Directors’ Report for FY ended 31 March 2026.
• Re-appointment of Sanjeev Khanna (DIN 11083364), NED, by rotation.

Voting and Results

• Voting conducted through remote e-voting and AGM e-voting.
• Outcomes of resolutions not disclosed in the filing.

Director Changes

• Re-appointment of Sanjeev Khanna as Director by rotation.

Alps Industries Limited — Trading window closure from Oct 1, 2026 till end of 48 hours after the declaration of Unaudited Financial results for the quarter and period ended September 30, 2026

AGM Details

• Date and time: 30 September 2026, 3:00 PM; mode: VC/OAVM.
• Proceedings deemed at registered office; attendance via VC/OAVM.
• Record/Books closed from 9 Sep to 10 Sep 2026 (inclusive).

Ordinary Business

• Adopt Audited Balance Sheet, P&L, cash flow, and Directors' and Auditors' reports.
• Re-appoint Sanjeev Khanna by rotation (Non-Independent, Non-Executive).

Dividend

• Dividend: No dividend has been declared since last seven years.

Director Changes

• Sanjeev Khanna retires by rotation; eligible for reappointment.

Financial snapshot

• Total income Rs 16.48 Lakh for 2025-26, down from Rs 60.85 Lakh in 2024-25.
• PAT Standalone Rs (5,137.54) Lakh in 2025-26 vs Rs (6,399.04) Lakh prior year.
• Exceptional items Rs 7,737.15 Lakh recognized in 2025-26.
• Dividend declared: Board did not declare any dividend for 2025-26.
• Basic EPS Rs 5.38; Diluted EPS Rs 5.38 for 2025-26.
• Post-restructuring equity shares outstanding: 7,69,13,410.

Capital restructuring & NCLT action

• NCLT order dated 4 Nov 2025 approved the Resolution Plan.
• Equity reduction: 3,91,14,100 shares of Rs 10 each to 39,11,410 of Rs 1.
• Consolidation: 10 shares of Rs 0.10 into 1 share of Rs 1.
• Issuance: 1,00,00,000 Category 'E' Redeemable Preference shares to EARCL.
• Issuance: 7,30,02,000 equity shares to Resolution Applicants; listing in process.

Governance & board changes

• CIRP under IBC led to management overhaul; new directors appointed.
• Executive Director Nishant Sharma appointed 13 Jan 2026; CFO continued.
• Board met 8 times during 2025-26; attendance robust.
• Secretarial Auditors Reshi & Associates appointed for 2025-26 to 2029-30.
• STATUTORY Auditors appointment after earlier resignation; changes noted.

Subsidiaries & group structure

• Subsidiaries: Alps USA Inc (100% holding); Alps Energy Pvt Ltd (69.75%).
• Consolidated accounts include two material subsidiaries.
• Alps USA Inc. investment in equity net of diminution Rs 128.59 Lakh.
• Intercompany disclosures aligned with Ind AS 24.

Shareholders & capital metrics

• Promoter holding as on 31 Mar 2026: Securocorp 94.91%.
• Outstanding equity shares post-restructuring: 7,69,13,410.
• 7,30,02,000 new equity shares issued to resolution applicants.
• Authorized capital reclassified: Equity Rs 90 Cr; Preference Rs 255 Cr.

Outlook & risk

• Resolution Plan implemented; going concern is maintained.
• Alps Energy Pvt Ltd has nil revenue; operations not commenced yet.
• Textile sector outlook supported by Union Budget 2026-27 incentives.

CSR & governance disclosures

• CSR not applicable due to losses; CSR policy exists.
• Whistle blower mechanism in place; no complaints registered.

AGM details

• AGM date: 30 September 2026.

Documents filed

• Annual report 2025-26 submitted in PDF format.
• AGM notice for 30 September 2026 submitted.

Book closure details

• Book closure: 09.09.2026 to 10.09.2026, both days inclusive.
• Purpose: Hold the next AGM (VC/OAVM).
• Cut-off date: 23.09.2026 for voting eligibility (remote e-voting or AGM).
• AGM date: 30.09.2026 via VC/OAVM.
• Security: Equity shares.
• E-voting period: 27.09.2026, 10:00 AM to 29.09.2026, 5:00 PM.

Financial results and approvals

• Unaudited standalone and consolidated results for quarter ended 30 June 2026 approved.
• Directors' Report for year ended 31 March 2026 and up to date approved.
• Next Annual General Meeting notice approved.

Capital restructuring and new share issuances

• Equity share capital consolidated from 3,91,14,100 shares of Rs10 to 39,11,410 shares of Rs1.
• 7,30,02,000 new Rs1 equity shares issued to resolution applicants; listing pending.
• 1,00,00,000 Redeemable Non-Cumulative Preference Shares of Rs1 issued to EARCL at Rs603 premium.

Regulatory, accounting and going concern disclosures

• Only Textile segment reportable; segment reporting not applicable under Ind AS 108.
• Resolution plan implemented per NCLT order; going concern basis adopted for June 30, 2026 results.
• Consolidated interim results include Alps Energy Pvt Ltd and Alps USA Inc; not material to Group.
• Auditors' Emphasis of Matter: resolution plan impact described; conclusion not modified.