Alliance Integrated Metaliks Ltd has accepted the resignation of Ms. Malti Devi from the post of Company Secretary and Compliance Officer, effective June 17, 2026. The resignation, tendered on June 17, 2026, was submitted to pursue opportunities aligned with her personal growth and professional development. The company confirmed that there are no other material reasons for the resignation beyond those stated in her letter.

The disclosure was made to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the information would be available on its website. Ms. Malti Devi has committed to extending full support for a smooth handover of responsibilities and completion of pending assignments during the notice period.

Resignation Details

The following table outlines the key particulars of the change in the company secretary and compliance officer position as per the regulatory filing.

The resignation was intimated to the exchange by Daljit Singh Chahal, Director of Alliance Integrated Metaliks Limited. The filing referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026.

Alliance Integrated Metaliks Limited reported a widened net loss of ₹9,544.14 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹7,264.03 lakh in the previous year. The company's revenue from operations declined to ₹7,581.11 lakh in FY26 from ₹8,983.12 lakh in FY25, reflecting continued operational challenges amidst significant financial stress.

For the quarter ended March 31, 2026, the company recorded a net loss of ₹2,743.96 lakh on a total income of ₹1,745.02 lakh. The board of directors, in its meeting held on May 26, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. The meeting also approved the re-appointment of M/S D.C. Chhajed & Associates as the Internal Auditor for FY27.

The financial statements have been prepared on a going concern basis, though auditors have highlighted a material uncertainty regarding the company's ability to continue as a going concern. This is due to accumulated losses of ₹35,900.70 lakh, negative net worth, and current liabilities exceeding current assets. Additionally, loans amounting to ₹58,114.41 lakh, including accrued interest, have been classified as Non-Performing Assets (NPA) by lenders.

Auditors from Chatterjee & Chatterjee Chartered Accountants issued a qualified opinion, noting that trade payables, trade receivables, and term loan accounts are subject to reconciliation and confirmation. The impact of these adjustments is not currently ascertainable. The auditors also drew attention to a provisional attachment order by the Directorate of Enforcement regarding certain immovable properties and promoter shares, though the company stated this does not affect business operations.

Financial Performance for FY26

The company noted that it is actively engaged in discussions with lenders for debt resolution under One-Time Settlement (OTS) proposals. Despite the financial headwinds, the board cited positive EBITDA, government infrastructure thrust, and an encouraging order book as reasons supporting the going concern assumption.