Alps Industries Limited conducted a board meeting on January 13, 2026, addressing several critical corporate governance matters and directorship changes. The meeting, which commenced at 2:00 PM and concluded at 5:00 PM, was held in compliance with Regulation 29 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Board Decisions and Postal Ballot Matters

The board approved a Notice of Postal Ballot covering multiple matters that require shareholder approval. These decisions reflect the company's strategic initiatives for corporate restructuring and governance enhancement.

Leadership Transition: Director Changes

The most significant development from the meeting involves changes in the company's leadership structure. Mr. Vinod Kumar (DIN: 03595634) submitted his resignation as Whole-Time Director on January 13, 2026, citing personal reasons and unavoidable circumstances. His resignation was accepted by the board on the same date.

Simultaneously, the board approved the appointment of Mr. Nishant Sharma (DIN: 00079281) as Additional Director in the category of Whole-Time Director, effective January 13, 2026. This appointment is subject to shareholder approval at the ensuing General Meeting under Sub-regulation (1C) of Regulation 17 of SEBI LODR Regulations.

New Director Profile and Experience

Mr. Nishant Sharma brings substantial expertise to his new role, with over 18 years of experience in accounts, finance, and stock market operations. At 43 years of age, he possesses comprehensive knowledge of securities laws, stock exchange regulations, and internal policy compliance.

Resignation Details and Compliance

The resignation process followed proper regulatory protocols, with Mr. Vinod Kumar confirming in his resignation letter that there were no material reasons beyond personal circumstances for his departure. The company has confirmed that he holds no directorship or membership in committees of other listed entities.

Regulatory Compliance and Next Steps

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All matters approved by the board, including the directorship changes and corporate restructuring initiatives, will be presented to shareholders through the postal ballot process for final approval.

The documentation was signed by Company Secretary and Assistant Vice President – Legal, Ajay Gupta, ensuring proper corporate governance procedures were followed throughout the meeting and subsequent disclosures.

Alps Industries Limited conducted a comprehensive board meeting on January 13, 2026, addressing multiple corporate governance matters and strategic decisions. The meeting, held from 2:00 P.M. to 5:00 P.M., resulted in several key approvals that will require shareholder consent through postal ballot procedures.

Board Meeting Outcomes and Postal Ballot Matters

The board approved a postal ballot notice covering four significant corporate matters requiring shareholder approval. These decisions demonstrate the company's commitment to regulatory compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Directorship Changes

The most significant personnel change involves the transition in the Whole-Time Director position. Mr. Vinod Kumar (DIN: 03595634) submitted his resignation on January 13, 2026, citing personal reasons and unavoidable circumstances. The company confirmed that no material reasons beyond personal factors contributed to his departure.

New Director Appointment Details

Mr. Nishant Sharma (DIN: 00079281) has been appointed as Additional Director in the category of Whole-Time Director, effective January 13, 2026. His appointment is subject to shareholder approval at the upcoming General Meeting under Sub-regulation (1C) of Regulation 17 of SEBI LODR Regulations.

Corporate Governance and Compliance

The board meeting demonstrates Alps Industries Limited's adherence to regulatory requirements under multiple SEBI regulations. The company has properly disclosed all changes under Regulation 30 of SEBI LODR Regulations, ensuring transparency in corporate governance practices.

The resignation and appointment processes follow prescribed regulatory frameworks, with appropriate documentation submitted to both National Stock Exchange of India Limited and Bombay Stock Exchange Limited. Company Secretary Ajay Gupta executed the necessary regulatory filings and communications to maintain compliance standards.

Strategic Implications

These corporate changes reflect Alps Industries Limited's ongoing organizational development and strategic positioning. The proposed registered office relocation and authorized capital amendments suggest potential expansion or restructuring initiatives, while the leadership transition ensures continuity in executive management.

The company's systematic approach to implementing these changes through postal ballot procedures demonstrates commitment to shareholder participation in significant corporate decisions. All matters will require formal shareholder approval before implementation, maintaining democratic corporate governance principles.