Alps Industries Ltd
Alps Industries Revises Share Capital Restructuring Plan 🔄
- Alps Industries withdraws earlier record date (Dec 19, 2025) for share reduction/consolidation
- Face value reduction: ₹10 → ₹0.10 per share (99% capital reduction)
- Post-reduction: 10 shares (₹0.10 each) = 1 consolidated share (₹1 each)
- Current paid-up capital: ₹39.11Cr (3.91Cr shares @ ₹10) → ₹39.11L (same shares @ ₹0.10)
- New record date to be announced later
- Move part of NCLT-approved Resolution Plan