Alps Industries Ltd
Alps Industries Announces Major Share Restructuring 📉
- Record date set for December 19, 2025, for share reduction & consolidation.
- Existing paid-up equity share capital: ₹39.11 Cr (3.91 Cr shares @ ₹10 each) → reduced to ₹39.11 Lakh (same shares @ ₹0.10 each).
- Post-reduction: 10 shares of ₹0.10 each → consolidated into 1 share of ₹1 each.
- Action part of NCLT-approved Resolution Plan.