Alps Industries Limited has formally announced the re-appointment of Mr. Ajay Gupta as the company's Internal Auditor for the financial year 2026-27. The decision was approved by the Board of Directors during their meeting held on March 20, 2026, demonstrating the company's commitment to maintaining robust internal audit functions.

Re-appointment Details

The re-appointment becomes effective from April 01, 2026, and covers a period of one financial year. Mr. Gupta will continue to serve in his dual capacity as Company Secretary & Assistant Vice President – Legal while fulfilling his internal auditor responsibilities.

Professional Background

Mr. Ajay Gupta brings substantial expertise to his re-appointed role as Internal Auditor. He is a qualified Company Secretary and Commerce Graduate with extensive experience in the corporate sector. His professional background encompasses:

• Over 28 years of experience in accounting and company law
• Specialized expertise in internal audits and corporate procedures
• Current role as Company Secretary & Assistant Vice President – Legal at Alps Industries

The internal audit function will be performed with a team of experienced officials working under Mr. Gupta's supervision, ensuring comprehensive coverage of the company's audit requirements.

Regulatory Compliance

The re-appointment has been made in accordance with Section 138 of the Companies Act, 2013, which mandates the appointment of internal auditors for specified companies. Alps Industries has duly informed both the National Stock Exchange of India Limited (Script Code: ALPSINDUS) and Bombay Stock Exchange Limited (Script Code: 530715) about this development as required under Regulation 30 read with Part A of Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

This re-appointment reflects Alps Industries' ongoing commitment to maintaining strong corporate governance practices and ensuring effective internal audit mechanisms for the upcoming financial year.