Alps Industries Limited successfully completed its postal ballot process on February 27, 2026, with shareholders demonstrating overwhelming support for seven special resolutions. The company achieved exceptional approval rates exceeding 99% across all resolutions, including board appointments, registered office relocation, and authorized share capital amendment.

Postal Ballot Results Overview

The postal ballot, conducted under the scrutiny of Mr. Rajiv Khosla (FCS: 5197, CP: 3927), covered seven special resolutions with voting conducted through Central Depository Services (India) Limited's e-voting platform. The cut-off date for determining eligible shareholders was set as January 16, 2026, with the voting period spanning from January 28 to February 26, 2026.

Board Appointments Receive Strong Mandate

Shareholders approved multiple key board appointments with remarkable consistency. Nishant Sharma (DIN: 00079281) received dual appointments - as Executive Director for a three-year term from January 13, 2026 to January 12, 2029, and as Regular Executive Director. Both appointments secured 99.94% and 99.96% support respectively from equity shareholders.

The appointment of independent directors Ayushi Kukreja (DIN: 10893537) and Sandhya Kohli (DIN: 10527387) received strong endorsement with 99.96% and 99.94% approval from equity shareholders respectively. Additionally, Sanjeev Khanna (DIN: 11083364) was appointed as Non-Executive Non-Independent Director with 99.96% equity shareholder support.

Registered Office Relocation Approved

Shareholders approved the relocation of the company's registered office from Plot No. 15-B, G.T. Road, Chaudhary Morh, Ghaziabad, Uttar Pradesh-201001 to A-115, Sector-136, Noida, District Gautambudh Nagar, Uttar Pradesh-201304. The resolution, passed under Section 12 of the Companies Act, 2013, received 99.94% support from equity shareholders and unanimous approval from preference shareholders.

Authorized Share Capital Amendment

The amendment to the authorized share capital clause of the Memorandum of Association received 99.93% approval from equity shareholders. This resolution, passed under Sections 4, 13, and 61 of the Companies Act, 2013, restructures the company's capital base to ₹345 crores comprising 345 crores shares of ₹1 each, divided into 90 crores equity shares and 255 crores preference shares.

Scrutinizer Certification and Compliance

Mr. Rajiv Khosla of Rajiv Khosla & Associates, appointed as Scrutinizer, certified the voting process conducted through CDSL's e-voting platform. The postal ballot notice dated January 13, 2026, along with explanatory statements under Section 102 of the Companies Act, was made available on CDSL's website in compliance with MCA circulars.

The successful completion of all seven special resolutions demonstrates strong shareholder confidence in the company's strategic direction and governance framework, with the company maintaining full regulatory compliance throughout the process.

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.