Alps Industries Limited has initiated the closure of its trading window effective October 1, 2026. This measure precedes the declaration of unaudited financial results for the quarter and period ended September 30, 2026.

The restriction prohibits dealing in the company's scrip by members of the promoter group, directors, designated persons, their immediate relatives, and other connected persons. This action aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended on April 1, 2019, and NSE Circular Ref. No. NSE/CML/2019/11 dated April 2, 2019.

Trading window closure details

The trading window will remain closed until the end of 48 hours after the official declaration of the financial results. The intimation was filed with both the National Stock Exchange of India Ltd. and Bombay Stock Exchange Limited on September 25, 2026.

Compliance framework

The company cited specific regulatory provisions requiring such closures to prevent insider trading during sensitive periods. The communication was signed by Ajay Gupta, Company Secretary & Asstt. Vice President – Legal, and copied to Central Depository Services (India) Limited and Alankit Assignment Limited.

Alps Industries Limited has scheduled its 54th annual general meeting for September 30, 2026. The meeting will be conducted through video conference or other audio-visual means to transact ordinary business, including the reappointment of a retiring director.

The company filed its annual report and AGM notice with stock exchanges on August 25, 2026, pursuant to Regulation 30 and Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The proceedings will be deemed conducted at the registered office in Noida.

Financial Performance

The company reported a profit after tax of ₹2,599.61 lakh for the financial year ended March 31, 2026, compared to a loss of ₹6,399.04 lakh in the previous year. This turnaround was primarily driven by exceptional items amounting to ₹7,737.15 lakh, arising from the write-off of certain assets and liabilities under the Resolution Plan approved by the NCLT, Allahabad.

Operations recorded negative EBITDA of ₹250.02 lakh in FY26, an increase from the negative EBITDA of ₹61.94 lakh in the previous year. Finance costs stood at ₹4,873.88 lakh, down from ₹6,337.10 lakh in FY25.

Corporate Governance and Agenda

The primary agenda item is the reappointment of Mr. Sanjeev Khanna, Non-Executive Non-Independent Director (DIN: 11083364), who retires by rotation. Mr. Khanna offers himself for reappointment. The Board also seeks approval for the audited balance sheet and profit and loss account for FY26.

Significant management changes occurred following the Resolution Plan implementation. The Board includes Executive Director Mr. Nishant Sharma, Independent Directors Ms. Ayushi Kukreja and Ms. Sandhya Kohli. Ajay Gupta, Company Secretary, signed the submission.

Shareholder Logistics

Shareholders as on the cut-off date of September 23, 2026, are eligible for voting rights. Remote e-voting is facilitated by Central Depository Services (India) Limited (CDSL). The register of members will remain closed from September 9, 2026, to September 10, 2026. No dividend has been declared in the last seven years.

What the Numbers Show

The reported profit after tax is entirely non-operational. With operating earnings minimal at ₹250.03 lakh against finance costs of ₹4,873.88 lakh, the core business faces ongoing challenges. The exceptional gain of ₹7,737.15 lakh from debt restructuring masks the operational losses reflected in the widening negative EBITDA.