Alps Industries Limited held a crucial board meeting on January 13, 2026, addressing significant changes in directorship and other corporate matters. The meeting, which commenced at 2:00 PM and concluded at 5:00 PM, resulted in important decisions that will shape the company's governance structure.

Key Board Decisions

The board meeting addressed several critical matters, with director changes taking center stage. The following key decisions were approved:

Director Changes Approved

Resignation of Whole Time Director

Mr. Vinod Kumar (DIN: 03595634) submitted his resignation from the position of Whole Time Director due to personal reasons. His resignation was formally accepted by the board on January 13, 2026. In his resignation letter, Kumar confirmed:

• No outstanding dues from the company
• No claims for compensation
• No possession of company assets
• No material reasons beyond personal circumstances

Kumar also resigned from his membership in the Stakeholder Committee and Corporate Social Responsibility Committee of the company.

New Appointment

The board simultaneously approved the appointment of Mr. Nishant Sharma (DIN: 00079281) as Additional Director in the category of Whole Time Director, effective January 13, 2026. The appointment details include:

Sharma brings extensive experience in accounts, finance, and stock market operations, with expertise in ensuring adherence to securities laws and stock exchange regulations.

Additional Corporate Matters

The board also approved a Notice of Postal Ballot to address several matters requiring shareholder approval:

• Change of registered office outside local limits
• Amendment in authorized share capital clause of Memorandum of Association
• Formal approval for director changes

These decisions demonstrate the company's commitment to corporate governance and strategic restructuring to enhance operational efficiency.

Regulatory Compliance

All decisions were taken in accordance with applicable regulations, including Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both National Stock Exchange of India Limited and Bombay Stock Exchange Limited about these changes, ensuring full regulatory compliance and transparency with stakeholders.

Alps Industries Limited conducted a comprehensive board meeting on January 13, 2026, addressing multiple strategic corporate matters and approving a postal ballot notice for shareholder consideration. The meeting, held from 2:00 PM to 5:00 PM, resulted in several significant decisions that will shape the company's operational structure.

Board Meeting Outcomes and Postal Ballot Approval

The board meeting, conducted in compliance with Regulation 29 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, focused on four primary matters requiring shareholder approval through postal ballot:

Key Directorship Changes

The most significant personnel changes involved the transition in the Whole-Time Director position. Mr. Vinod Kumar (DIN: 03595634) submitted his resignation due to unavoidable personal reasons, with his cessation effective January 13, 2026. The resignation letter, dated January 13, 2026, contained all required declarations and confirmations as per regulatory requirements.

Simultaneously, the board appointed 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 upcoming 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 specializes in ensuring adherence to securities laws, stock exchange regulations, and internal policies. His appointment addresses the immediate need for experienced leadership following Mr. Kumar's departure.

Corporate Restructuring Initiatives

Beyond the directorship changes, the board approved two significant structural modifications subject to shareholder consent. The proposed registered office relocation outside the current local limits represents a strategic operational decision that requires formal shareholder approval through the postal ballot process.

Additionally, the board sanctioned amendments to the authorized share capital clause in the company's Memorandum of Association. This modification, pending shareholder approval, indicates potential plans for capital structure optimization or future growth initiatives.

Regulatory Compliance and Next Steps

All decisions were made in strict compliance with SEBI regulations, particularly Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled its disclosure obligations by notifying both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited about these developments.

The postal ballot process will enable shareholders to vote on these crucial matters, ensuring democratic participation in significant corporate decisions. The company's management, led by Company Secretary Ajay Gupta, has committed to providing all necessary documentation and support for the shareholder approval process.