ALPSINDUSNSEAlps Industries Limited· Textiles - CottonLowNeutral
Announced Fri, 27 Feb · 19:34 IST

Alps Industries Limited has informed the Exchange regarding change in Registered Office of the company.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Alps Industries Limited has shifted its registered office from Plot No. 15-B, G.T. Road, Chaudhary Morh, Ghaziabad (UP-201001) to A-115, Sector-136, Noida, District Gautambudh Nagar (UP-201304). The move was approved by shareholders through a postal ballot, with 99.94% of equity shares voted in favor. The same postal ballot also covered six other special resolutions, all passed with overwhelming support: appointment of Mr. Nishant Sharma as Executive Director (99.94-99.96%), appointment of Ms. Ayushi Kukreja (99.96%) and Ms. Sandhya Kohli (99.94%) as Independent Directors, appointment of Mr. Sanjeev Khanna as Non-Executive Non-Independent Director (99.96%), and an amendment to the authorized share capital clause of the Memorandum of Association (99.93%). Voting ran from January 28 to February 26, 2026, with results declared on February 27, 2026.

Likely market impact

The shift of the registered office from Ghaziabad to Noida places the company in a more prominent business hub, but is largely an administrative change with no direct financial impact on shareholders. The simultaneous board changes and authorized capital amendment suggest ongoing corporate restructuring, which investors should monitor for further developments.