Alps Industries Limited — Others, 14-08-2025: Resignation

Alps Industries Limited's board has accepted the resignation of M/s A S Goel & Co. as its statutory auditor. Concurrently, M/s R. K. Govil & Co. has also resigned as the statutory auditor for its material subsidiary, Alps Energy Private Limited. Both audit firms cited "pre-occupation in other assignments" as the reason for their resignations, indicating workload limitations. This development necessitates the company to appoint new statutory auditors for both entities, a key step to maintain independent financial oversight crucial for investor transparency. No concerns or issues were reported by the resigning auditors.