Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we are submitting the Annual report 2025-2026- PDF mode for your record please:

Alps Industries Limited REGD. / CORP. OFFICE REGD. / CORP. OFFICE A-115, Sector-136, Maharishi Nagar, Noida, Gautam Buddha Nagar, Uttar Pradesh - 201304 August 25, 2026 ALPS/39/SE13/2026-27 The General Manager The Relationship Manager Corporate Relationship Deptt., Market Operations Deptt., Bombay Stock Exchange Limited, National Stock Exchange of India Ltd., 15T Floor New Trading Ring, Exchange Plaza, 5th Floor, Rotunda Building, P. J. Towers, Plot No. C/1, G-Block, Bandra-Kurla Dalal Street, Fort, Mumbai-400 001. Complex Bandra (E), Mumbai - 400 051 Ph - 022-22728995 Ph - 91-22-2659 8101 - 8114 corp.relations@bseindia.com Email - cmlist@nse.co.in SUB: SUBMISSION OF AGM NOTICE AND ANNUAL REPORT- 2025-26 Dear Madam /Sir, Pursuant to Regulation 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we are submitting the following documents for your record please: 1. Annual report 2025-2026- PDF mode. 2. AGM notice for AGM to be held on 30.9.26. This is for your kind information please. Thanking you, Yours faithfully, ro;:l“gqmutfifltm (Ajay Gupla is¢ Company Secretary 8 Asstt. Vice President - Legal Mob. No: +91-9871692058 E-mail id:ajaygupta@alpsindustries.com ALPS INDUSTRIE S LIMITED 54Th ANNUAL REPORT 2025-26 ALPS INDUSTRIES LIMITED CONTENTS Corporate Directory 02 Board of Directors 03 Directors’ Report 04 Annexure to the Directors’ Report 24 Management Discussion & Analysis 28 Corporate Governance Disclosures 34 Statement of Subsidiary Companies 96 Auditors’ Report 109 Balance Sheet 125 Statement of Profit and Loss 126 Statement of Change in Equity 128 Cash Flow Statement Notes to the Standalone Financial Statements 130 Financial statements of Subsidiary Companies: 159 Alps USA Inc. Alps Energy Private Limited Consolidated 234 Independent Auditors’ Report 235 Balance Sheet 246 Statement of Profit and Loss 247 Cash Flow Statement 248 Statement Change in Equity 249 Notes to the Consolidated Financial Statements 250 Statement of Additional Information as per requirement of Schedule III under section 278 129(3)) of the Companies Act, 2013. Auditors’ Certificate for Cash Flow Statement Useful Links 1 | P a ge ALPS INDUSTRIES LIMITED CCOORRPPOORRAATTEE DDIIRREECCTTOORRYY R &T Agency COMPANY SECRETARY & Registered, Corporate Alankit Assignments Ltd. COMPLIANCE OFFICER Office, Marketing office Alankit House, 4E/3, Mr. Ajay Gupta & Secretarial Deptt. Jhandewalan Extn., New Delhi – A-115, Sector-136, Maharishi A-115, Sector-136, 110 055 (INDIA) Nagar, Gautam Buddha Nagar, Maharishi Nagar, Gautam Ph : 91-11-42541234 Noida, Uttar Pradesh, India, Buddha Nagar, Noida, Email: alankit@alankit.com 201304 Uttar Pradesh, India, Contact: +91-98716 92058 201304 Email: Contact: +91-9871692058 ajaygupta@alpsindustries.com Email– investorsgrievance@alpsindustr info@alpsindustries.com ies.com STATUTORY AUDITORS SECRETARIAL AUDITORS CORPORATE M/s. O. Aggarwal & CO, M/s. Reshi & Associates, IDENTIFICATION Chartered Accountants Company Secretaries NUMBER (CIN)/GST NOS. CIN:L51109UP1972PLC00 3544 GST NO.(Uttar Pradesh): 09AAACA7569D1ZM 2 | P a ge ALPS INDUSTRIES LIMITED BOARD OF DIRECTORS PPOPP MR. NISHANT SHARMA (DIN 00079281) EXECUTIVE DIRECTOR He has more than 10 years of experience in accounts finance and Stock Market. He ensures adherence to securities laws, stock exchange regulations, and internal policies. MR. SANJEEV KHANNA (DIN:11083364) NON-EXECUTIVE NON INDEPENDENT DIRECTOR He is aged about 60 years, holds bachelor’s degree in arts. He has more than 38 years of work experience in the field of Retail, Marketing & Trading industry. He has worked as a Chief - Merchandiser Coordinator, Working as Director- Merchandising. He has successfully achieved & maintained & in cultivated Quality Consciousness amongst the team; as per the Global Quality Benchmarks. MS. AYUSHI KUKREJA (DIN: 10893537) INDEPENDENT DIRECTOR She is aged about 30 years, holds a degree in Master of Business Administration in Finance. She works as a Research Analyst and instrumental in informing business decisions by providing actionable insights and data-driven recommendations. Her in- depth analysis and research support strategic planning, market trend identification, and risk assessment, enabling organization to stay competitive and drive growth MS. SANDHYA KOHLI (DIN: 10527387) INDEPENDENT DIRECTOR She is aged about 38 years, holds a degree in Master of Business Administration in Finance. She has more than 20 years of experience in the Stock Market. She is having Hands-on experience with trade execution and active participation in financial market 3 | P a ge ALPS INDUSTRIES LIMITED DIRECTORS’ REPORT The Members, Alps Industries Limited Your Directors have pleasure in presenting the 54th Annual Report, together with the Audited Statements of Account of the Company for the financial year ended on 31st March, 2026 in terms of the Companies Act, 2013 and rules & regulations made there under & Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time. The Financial Statements have been prepared according to the relevant provisions of Companies (Indian Accounting Standards) Rules, 2015. The Financial ‘Performance of the Company, for the year ended March 31, 2026 is summarized below: FINANCIAL RESULTS (Rs. in Lacs) Year Ended Year Ended Particulars March 31, 2026 March 31, 2025 Total Income 16.48 60.85 Operating Earnings/Losses before Financial 250.03 (61.94) Expenses, Depreciation & Amortization and Finance Cost 4,873.88 6337.10 Depreciation 13.63 - Profit/(Loss) Before Tax (5,137.54) (6399.04) Tax Expenses 0.00 0.00 Profit/(Loss) After Tax (5,137.54) (6399.04) Exceptional Items 7,737.15 Surplus /(Deficit) of last year Add: 2,599.61 (6399.04) Other comprehensive income 78.50 Surplus available for appropriation 91,708.81 (93,275.00) Appropriations Surplus/(Deficit) carried to Balance Sheet 91,708.81 (93,275.00) Surplus available for appropriation - - “OPERATING SCENARIO Your company is not able to achieve Revenue due to continuation of CIRP process during the year which has hampered the operations adversely. During the financial year under review, your company has recorded a Negative EBITDA of Rs. 250.02 Lakhs in comparison to negative EBITDA of Rs. 61.94 Lakhs in previous year and a Positive PAT of 4 | P a ge ALPS INDUSTRIES LIMITED Rs. 2678.11 Lakhs in comparison to the previous year Negative PAT of Rs. 6399.04 Lakhs due to write off of certain assets and liabilities in terms of implementation of Resolution Plan as approved by Hon’ble NCLT, Allahabad.” FUTURE OUTLOOK – TECHNICAL FRONT Your company tried to reduce the cost of operations during the year but could not maintain the Revenue due to zero operating assets during last year. However, company is trying to continue its business on the other model i.e. trading etc., even when the company was under CIRP of IBC. PROCEEDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 and FINANCIAL RESTRUCTURING OF THE COMPANY The CIRP proceedings of the company on the recommendation of its Secured Lenders were initiated by Hon’ble National Company Law Tribunal, Allahabad Bench (NCLT) vide its order dated 13.9.2024 by appointing the Interim Resolution Professional and declaring the Moratorium for the company. The Resolution Plan for company as submitted by Successful Resolution Applicants, filed by Resolution Professional on the recommendation of Committee of Creditors (CoC) with 100% majority and approved by Hon’ble NCLT, vide its order dated 4.11.2025 has been implemented during the financial year 2025-26 and the new management has took over the charge under the provisions of Insolvency and Bankruptcy Code (IBC), 2016. The necessary financial impact towards assets and liabilities in terms of approved resolution plan have been provided for in these books of accounts and financial statements. The financial restructuring as per approved resolution plan includes th [Showing first 8,000 characters — download PDF for full document]