Alps Industries Ltd
Alps Industries Announces Major Capital Restructuring Plan 📉
- Board meeting scheduled for December 10, 2025, to approve Resolution Plan as per NCLT order.
- Equity share capital reduced by 99%: from ₹39.11 crore (3.91 crore shares at ₹10 each) to ₹39.11 lakh (same shares at ₹0.10 each).
- Share consolidation: 10 shares of ₹0.10 each will become 1 share of ₹1 each.