Alps Industries Limited — Important, 14-01-2025: Updates

Alps Industries Limited has submitted its quarterly shareholding pattern for the period ending December 31, 2024. The total shareholding stands at 39.11 crore shares, with the promoter and promoter group holding approximately 46.27% and the public holding around 77.78%. Notably, 22.45% of the shares held by promoters are pledged. The data reflects no changes reported in terms of lock-in shares or convertible securities. The company's foreign ownership limit remains at 100%, with currently utilized foreign ownership at 2.65%, which is a slight increase from previous quarters. Investors should watch closely for shifts in promoter stakes or public interest, which could signal changes in market dynamics.