Alps Industries Limited — Others, 26-08-2025: Shareholders meeting

Alps Industries will hold its Annual General Meeting on September 30. Key agenda items include adopting the financial results for the year ended March 31, 2025, which show a net loss of 6,399.04 and zero turnover for FY25. Foreign investments total 1.29 Cr. Shareholders will also consider the re-appointment of Mr. Sandeep Agarwal as Managing Director for three years, at a salary of Rs. 1,00,000 per month with a 10% annual increment. The company, currently under Corporate Insolvency Resolution Process (CIRP), faces limitations in implementing improvement plans. Additionally, the appointment of Secretarial Auditors (M/S Reshi & Associates) for Rs. 20,000 annually and Statutory Auditors (M/S O. Aggarwal & CO) for Rs. 1,00,000 annually is proposed.