Alps Industries Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Alps Industries Limited has announced a board meeting on May 30, 2025, approving the financial results for the quarter and half-year, though final audited numbers are pending. The company posted a consolidated net loss of ₹63.89 Cr for the year ended March 31, 2025, continuing to face financial stress amid ongoing debt restructuring. Total debt stands at ₹891.7 Cr, with talks underway with a key lender for revised settlement terms. The firm remains under corporate insolvency resolution but is being run as a going concern. No dividend or new fundraising plans were declared.