Resignation of Mr. Vinod Kumar (DIN: 03595634) from the position of Whole-Time Director of the company.
Awaiting price reaction for this filing.
Mr. Vinod Kumar (DIN: 03595634) resigned as Whole-Time Director of Alps Industries Ltd effective January 13, 2026, citing personal reasons. On the same day, the board appointed Mr. Nishant Sharma (age 43, with 18+ years of experience in accounts, finance, and stock markets) as the new Whole-Time Director, subject to shareholder approval at the next general meeting. The resignation letter confirmed no money is owed, no claims exist, and no company assets are held by the outgoing director. The board also approved a postal ballot notice covering two additional items: a change of registered office outside local limits and an amendment to the authorized share capital clause of the Memorandum of Association, both pending shareholder approval.
This is a routine board-level change with no apparent governance red flags — the outgoing WTD's resignation is clean, and a replacement is appointed the same day, so business continuity is not at risk. The accompanying postal ballot items (registered office shift, share capital amendment) may need closer investor attention once details and rationale are shared.