Alps Industries Limited has informed the Exchange about General Updates
Awaiting price reaction for this filing.
Alps Industries Limited has filed a mandatory disclosure with NSE and BSE reporting defaults on loan repayments for Q4 and FY ended March 31, 2026. The disclosure covers multiple loan accounts with outstanding amounts ranging from Rs. 307 lakhs to Rs. 310 lakhs, with interest rates between 13-14% per annum and tenure periods of 2-3 years. The filing is made pursuant to SEBI circulars requiring listed entities to disclose loan defaults that continue beyond 30 days. The annexure attached to the letter contains detailed format prescribed by SEBI with individual loan account-wise default information. The company has registered/corporate office at A-115, Sector-136, Noida, Uttar Pradesh.
This is a serious negative development indicating Alps Industries has failed to meet debt repayment obligations, which signals financial stress and could lead to lender actions including NPA classification, rating downgrades, or legal recovery proceedings.