Alps Industries Limited — Others, 23-07-2025: Corporate Insolvency Resolution Process

Alps Industries announced the outcome of its Eleventh Committee of Creditors (CoC) meeting. The CoC discussed and noted the status of applications pending before the NCLT, along with the Corporate Insolvency Resolution Process (CIRP) expenses incurred. A significant outcome was the approval, via e-voting, for a maximum time gap of not more than 90 days between any two consecutive CoC meetings. This update reflects procedural progress within the company's ongoing insolvency resolution, providing clarity on operational oversight for shareholders.