Alps Industries Ltd

Alps Industries Announces Major Equity Restructuring 📉

- Record date set for January 2, 2026, for equity share reduction & consolidation.

- Paid-up equity capital slashed from ₹39.11 crore (3.91 crore shares at ₹10 each) to ₹39.11 lakh (same shares now at ₹0.10 each).

- Post-reduction, 10 shares of ₹0.10 each will merge into 1 share of ₹1 each.

- Move aligns with NCLT-approved Resolution Plan.