Alps Industries Limited has informed the Exchange regarding Proceedings of Postal Ballot
Awaiting price reaction for this filing.
Alps Industries Limited submitted the results of its postal ballot conducted via e-voting from January 28, 2026 to February 26, 2026. Seven special resolutions were passed with overwhelming shareholder approval (over 99.9% votes in favour on equity shares). Key resolutions included: appointment of Mr. Nishant Sharma as Executive Director for 3 years, appointment of Ms. Ayushi Kukreja and Ms. Sandhya Kohli as Independent Directors for 5-year terms, appointment of Mr. Sanjeev Khanna as Non-Executive Non-Independent Director, regularization of Mr. Nishant Sharma as Regular Executive Director, shifting of the registered office from Ghaziabad to Noida (Sector-136), and amendment to the authorized share capital increasing it to Rs. 345 crores (3,45,00,00,000 shares of Rs. 1 each, comprising 90 crore equity and 255 crore preference shares). Mr. Rajiv Khosla, Practicing Company Secretary, served as the scrutinizer for the process.
This is a routine corporate governance update with no material adverse impact on shareholders — all resolutions sailed through with near-unanimous support. The board strengthening, office relocation to Noida, and expanded authorized share capital signal preparation for potential future fund-raising or restructuring activity.