Alps Industries Limited has announced that its Board of Directors will meet on Saturday, May 30, 2026. The meeting has been convened to consider and approve the audited financial results of the company for the quarter and financial year ended March 31, 2026, along with other incidental matters.

Trading Window Closure

In accordance with regulations, the company has closed the trading window for dealing in its securities. This restriction applies to the Promoter and Promoter Group, Directors, Designated Persons, their immediate relatives, and other connected persons. The window closed effective Wednesday, April 1, 2026, and shall remain closed until the expiry of 48 hours after the declaration of the audited financial results.

Regulatory Compliance

The intimation was sent pursuant to the provisions of Regulations 29, 33, and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The closure of the trading window is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct.

Meeting Details

Alps Industries Limited has disclosed its financial indebtedness position for the quarter ended December 31, 2025, revealing a total debt of ₹21.60 crore comprising entirely of unlisted debt securities. The disclosure comes as part of the company's regulatory compliance requirements for loans and revolving facilities.

Debt Settlement Under NCLT Resolution Plan

A significant development during the quarter was the settlement of the company's entire debt under a resolution plan approved by the Hon'ble National Company Law Tribunal (NCLT). The resolution plan was formally approved on November 4, 2025, and was successfully implemented during the quarter ended December 31, 2025.

Financial Indebtedness Breakdown

The company's current financial position shows a clear debt structure following the resolution plan implementation:

NCRPS Issuance Details

The ₹21.60 crore debt comprises Non-Convertible Redeemable Preference Shares (NCRPS) issued during the quarter. Key details of the NCRPS include:

• Face Value: ₹1 crore per instrument
• Issuance Basis: Part of the NCLT-approved resolution plan
• Accounting Treatment: Measured at amortised cost using the effective interest method
• Compliance Standard: Ind AS 109 - 'Financial Instruments'

Default Position

The company reported no defaults on any of its outstanding financial indebtedness as of December 31, 2025. This clean default position reflects the successful implementation of the resolution plan and the company's improved financial standing post-restructuring.

Regulatory Compliance

The disclosure was filed on March 20, 2026, and signed by Ajay Gupta, Company Secretary & AVP - Legal, demonstrating the company's commitment to maintaining transparency and regulatory compliance in its financial reporting.