Alps Industries Ltd

Alps Industries Ltd Announces Major Capital Restructuring ⚖️📉

- Equity share capital reduced from ₹39.11 crore (3.91 crore shares at ₹10 each) to ₹39.11 lakh (same shares at ₹0.10 each)—a 99% cut.

- 10 shares of ₹0.10 each will consolidate into 1 share of ₹1 each.

- Issued 1 crore 'Category E' preference shares at ₹1 face value + ₹603 premium, totaling ₹604 crore (redeemable within 20 years).

- Changes follow NCLT-approved Resolution Plan (Nov 4, 2025).

- Post-consolidation paid-up capital: ₹3.91 crore (3.91 crore shares at ₹1 each).