Board overhauled after NCLT resolution plan approval, six directors replaced

Alps Industries had a major board change after NCLT approved its resolution plan on November 4, 2025. Six directors, including Managing Director Sandeep Agarwal, had their office vacated by court order. Four new directors were appointed from December 1, 2025: Vinod Kumar as Whole-Time Director, Sanjeev Khanna as Non-Executive Director, and Ayushi Kukreja and Sandhya Kohli as Independent Directors.