Quarterly Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount on loans from banks / financial institutions and unlisted debt securities

Alps Industries Ltd has disclosed a default on payment obligations. The company has defaulted on Non Convertible Debentures held by KIRLOSKAR BROTHERS INVESTMENTS LIMITED. The total NCD amount is Rs. 45 crore, with a default amount of Rs. 2.60 crore. The default duration spans 3-6 months. This filing is dated July 31, 2024, covering the quarter ending June 2024. The company is listed on BSE.