Alps Industries Limited has announced Friday, January 2, 2026, as the record date for the reduction and consolidation of its equity share capital. This action is being taken in accordance with the Resolution Plan approved by the Hon'ble NCLT Prayagraj. The company's existing subscribed and paid-up equity share capital, consisting of 3,91,14,100 equity shares with a face value of ₹10 each, aggregating to ₹39,11,41,000, will be reduced. Following the reduction, the capital will comprise 3,91,14,100 Equity Shares with a face value of ₹0.10 each, aggregating to ₹39,11,410. This represents a reduction of 99% as per the approved Resolution Plan. Consequent to this reduction, a consolidation of equity shares will occur. Ten Equity Shares of face value of ₹0.10 each will be consolidated into one Equity Share of face value of ₹1 each.