Legal20 Mar 2026, 08:01 pm
Alps Industries Ltd Settles Entire Debt in Q4 of FY 2025-2026
AI Summary
Alps Industries Ltd has successfully settled its entire debt as of Dec 31, 2025, in accordance with the resolution plan approved by the Hon'ble NCLT. The company had short-term debt and long-term debt totaling INR 21.60 crore, all of which has been settled. This includes loans and revolving facilities like cash credit from banks and financial institutions, as well as unlisted debt securities such as NCDs and NCRPS.
Key Highlights
- Alps Industries Ltd settles entire debt of INR 21.60 crore
- Debt settlement in accordance with approved resolution plan by Hon'ble NCLT
- Includes short-term and long-term debt, as well as unlisted debt securities