ALPSINDUS

Alps Industries Ltd. has informed the Exchange that the AGM of the company was held on September 28,2006, as scheduled, successfully and approved the following matters : 1) The Dividend on Equity Shares have been declared @7.5%. 2) Mr. J. P. Kundra has been re-appointed as a Director of the Company. 3) M/s. R. K. Govil & Co. the statutory auditors have been re-appointed till the conclusion of next AGM. 4) Appointment of Mr. P.K. Rajput as Rotational Director of the Company have been approved by way of Special Resolution. 5) Appointment of Mr. P.K. Rajput as Whole Time Director and designated a

Alps Industries Ltd. has submitted to the Exchange a copy of Option for Allotment of Bonus Shares in Demat or Physical Form. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Alps_260906.zip target=NEW> For more details click here.</a>

Alps Industries Ltd. has informed the Exchange that the next AGM of the Company have been scheduled to be held on September 28,2006.

Alps Industries Ltd. has informed the Exchange that the issue of Bonus Shares will not be eligible for the Dividend that may be declared at the forthcoming AGM related to Financial Year 2005-06, as the allotment of Bonus Shares will be made in due course, subject to the necessary approvals from the Stock Exchanges.

Alps Industries Ltd. has informed the Exchange that the Board of Directors at their meeting held on July 28,2006 have recommended dividend on Equity Shares @ of 7.50%.

Alps Industries Ltd. has informed the Exchange that the meeting of the Board of Directors was held as scheduled on July 28,2006. The Board of Directors of the Company has, in principle, considered and approved the following matters subject to the necessary approval from the members of the Company, wherever required: 1) The draft notice of the AGM. 2) Appointment of Mr. P.K. Rajput as an Additional Director. 3) Book Closure from September 26,2006 to September 27,2006 for the purpose of dividend, if any and issue of bonus shares in the ratio of 1:1.

Alps Industries Ltd. has submitted to the Exchange a copy of the Minutes of the EGM of the Company held on June 02, 2006. The details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Alps Industries Ltd. has informed the Exchange that the Extra Ordinary General Meeting of the Company has been held on June 02, 2006. The Members of the Company, have considered and approved the following matters by overwhelming majority: (i) Approved the amendment in the Article No. 6(1) of the Articles of Association related with further issue of securities to accommodate the specific power to issue Bonus Shares. (ii) Approved the amendment in the Clause V of the Memorandum of Association for increase in the Authorized Share Capital of the Company from Rs. 25.00 Crores to Rs. 45.00 Crores

Alps Industries Ltd. has informed the Exchange that the company has decided to issue Bonus Shares in the ratio of 1:1 at the meeting of Board of Directors held on April 29,2006. A copy of the EGM notice for the meeting to be held on June 02, 2006 inter alia to consider and approve the proposal for issue of Bonus Issue alongwith incidental matters related thereto shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Alps Industries Ltd. has informed the Exchange that Prudential ICICI Emerging S.T.A.R. (Stocks Targeted At Returns) Fund has sold 1,00,000 shares aggregating to 0.92% of the total paid up capital of Alps Industries Ltd. on April 21, 2006. The mode of sale is Secondary Market and the shareholding Prudential ICICI Emerging S.T.A.R. (Stocks Targeted At Returns) Fund after the said sale is 3,20,143 shares aggregating to 2.94% of the total paid up capital of Alps Industries Ltd..

Alps Industries Ltd. has informed the Exchange that the BoDs of the Company in its meeting held on April 29, 2006 has, in principle, considered and approved the following matters subject to the necessary approval from the members of the Company, wherever required : (a) Raise additional funds either by issue of Bonds, whether convertible or otherwise, or fresh issue of Equity shares of the Company to the extent of Rs.500.00 Crores (including the premium on issue of Equity Shares) by way of Right and Public Issue or a Combination thereof, including by way of FCCBs/GDRs/ADRs or any combination of

Alps Industries Ltd. has informed the Exchange that the BoDs at its meeting held on April 29, 2006 has considered and approved issue of Bonus Shares in the ratio of 1:1 i.e. one bonus share for every equity share / warrants held, subject to the approval of regulatory and statutory authority if any, and other matter related thereto.

Alps Industries Ltd. has informed the Exchange that the Company recently concluded a successful issue of GDRs for listing on Luxembourg Stock Exchange. The issue was lead managed by Elara Capital Advisors Ltd, London. An offer document was prepared which was circulated amongst the prospective investors. The offer document was duly approved by the Luxembourg Stock Exchange. The Subscription to the GDR issue was opened from March 27, 2006 to March 30, 2006. Subscription were received by the Lead Manager and subsequently in consultation with the Company, a total of 2691375 GDRs representing 5,3

Alps Industries Ltd. has informed the Exchange that in terms of powers conferred by Board of Directors of the company at its meeting held on March 16, 2006, a meeting of the Share Allotment Committee was held on March 31, 2006. The committee considered the report received from its Lead Manager Elara Capital Advisors Limited, UK along with other relevant documents for issue of GDRs. The committee has decided to allot 53,82,750 underlying equity shares against the issue of 26,91,375 numbers of GDRs at issue price of US$8.10. The GDRs issue opened on March 27, 2006 and closed on March 30,2006.A c

Alps Industries Ltd. has informed the Exchange that the meeting of the BoDs of the company was held on March 16, 2006, and the following decisions were taken by the Board : (1) The Board has ratified the minutes of the Capital Issues Committee for approval of the Listing Circular for Issue of GDRs of up to US$ 25.00 million (including the green shoe option of US$ 5 million), appointment of various agencies in this respect and other related documents. (2) The formation of Share allotment Committee for allotment of equity shares underlying the GDR issue has been approved. (3) The Board entruste

Alps Industries Ltd. has informed the Exchange that Mr.Rakesh Gupta & Deepti Gupta along with the PACs Mrs. Deepti Gupta, Mr.Rishabh Gupta, Ms.Sanwari Gupta, Ms. Saloni Gupta has acquired 4,40,000 shares from Mr.Park B.Smith Sr. aggregating to 4.046% of the total paid up capital of Alps Industries Ltd. on January 04, 2006. The mode of acquisition is Inter se transfer and the shareholding of Mr.Rakesh Gupta & Deepti Gupta along with the PACs Mrs. Deepti Gupta, Mr.Rishabh Gupta, Ms.Sanwari Gupta, Ms. Saloni Gupta after the said acquisition is 9,57,500 shares aggregating to 8.805% of the total pa

Alps Industries Ltd. has informed the Exchange that formal inauguration of the Spinning Mill at Haridwar is scheduled for February 18, 2006. Sh. N. D. Tiwari, Chief Minister, Uttaranchal has kindly consented to do honours.

Alps Industries Ltd. has informed the Exchange that in the last few days, it has come to Company's notice that some fraud has been committed by person or persons unknown in the process of encashment of refund orders. It appears that in a few cases, payment of the refund orders has been made by the bankers to persons who are different entities from the persons in whose names the refund orders were issued while in other cases the names of the payees are identical but the encashment have been done at cities or centers other than that mentioned. These circumstances have come to the Company's notic

Alps Industries Ltd. has informed the Exchange that the Company has entered into the formal agreement with Government of Uttaranchal by which the Company has taken possession of the Jaspur Spinning Mill at Jaspur, Uttaranchal. The mill has 25,000 spindles and the lease period is 10 years. The mill is expected to commence production from April 2006 and will add yarn spinning capacity of around 15 tons per day.

Alps Industries Ltd. has informed the Exchange that the company has entered into an agreement for sale of technology pertaining to application of natural dyes to textiles with a South East Asian company. Under the agreement the company will provide transfer of technology and training to the personnel of the buyer for this patented application methodology of natural dyes to various textile fibres. Further details of the intimation given by the Company shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corp

Alps Industries Ltd. has informed the Exchange that Prudential ICICI Emerging S.T.A.R. (Stocks Targeted At Returns) Fund has acquired 300,000 shares aggregating to 2.76% of the total paid up capital of Alps Industries Ltd. on January 25, 2006. The mode of acquisition is Secondary Market and the shareholding Prudential ICICI Emerging S.T.A.R. (Stocks Targeted At Returns) Fund after the said acquisition is 650,000 shares aggregating to 5.98% of the total paid up capital of Alps Industries Ltd..

Prudential ICICI Asset Management Co. Ltd. has informed the Exchange that Prudential ICICI Mutual Fund under its Scheme viz. Prudential ICICI Emerging S.T.A.R. (Stocks Targeted At Returns) Fund has acquired 300,000 shares aggregating to 2.76% of the total paid up capital of Alps Industries Ltd. on January 25, 2006. The mode of acquisition is Secondary Market and the shareholding of Prudential ICICI Mutual Fund under its Scheme viz. Prudential ICICI Emerging S.T.A.R. (Stocks Targeted At Returns) Fund after the said acquisition is 650,000 shares aggregating to 5.98% of the total paid up capital

Alps Industries Ltd. has informed the Exchange that at the meeting of Board of Directors held on January 24, 2006, the Board took the following decisions :- (1) The company should enter direct retail business by setting-up retail stores in the metro cities; (2) It delegated the power to the Warrant Allotment Committee to allot 500,000 Zero Coupon Convertible Warrants at the rate of Rs.150/- per warrant subject to the necessary compliance under the SEBI Guidelines and any other rules and regulations as may be applicable.

Alps Industries Ltd. has informed the Exchange that at the EGM held on January 19, 2006, the Members of the Company have considered and approved the following matters by overwhelming majority :- (1) Approved the Further issue of securities by means of a composite issue and combination of a GDRs /ADRs /Right Issue /Public issue or Preferential Issue of Equity Shares or Convertible Warrants in which appropriate reservation may be made for the different categories such as banks / mutual funds / foreign Institutional Investors / NRI etc. upto Rs. 175.00 Crores to existing shareholders, Banks, Fina

Alps Industries Ltd. has submitted to the Exchange a copy of the Notice of EGM to be held on January 19, 2006 to consider the proposed issue of ADRs / GDRs / Preferential Allotment of Warrants convertible into equity shares and other related matter thereto upto Rs.175.00 Crores. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Alps Industries Ltd. has informed the Exchange that the Company obtained an export order for natural dyed yarn from Sri Lanka. The total value of the export order is around Rs. 9.20 crores at the current foreign exchange rates. The Company proposes to execute this export order from its new spinning facility at Haridwar.

Alps Industries Ltd. has informed the Exchange that the Government of Uttaranchal has accepted the bid of the Company for giving the Company on lease a yarn spinning facility containing 25,000 spindles for a period of 10 years on a staggered lease rental basis. A formal agreement to this effect will be signed very shortly with the Government of Uttaranchal. The facility is located at Jaspur and is expected to add to the Company's yarn spinning capacity by 15 tons per day. The commercial production is likely to commence by April 2006, at Jaspur mill.

Alps Industries Ltd. has informed the Exchange that the meeting of BODs has been held on December 19,2005, and the board approved the following important matters alongwith the miscellaneous matters related with the proposed issue of ADRs/GDRs/Preferential allotment of warrants convertible into equity shares:1)The approval"in-principle" accorded for further issue of equity share capital by way of international offering through ADRs/GDRs/Right Issue/Public Issue upto Rs175.00 crores inclusive of share premium, if any.2)The approval "in-principle" accorded for issuing of warrants convertible into

Alps Industries Ltd. has submitted to the Exchange a copy of the Minutes of the AGM of the Company held on September 30, 2005. The details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Alps Industries Ltd. has informed the Exchange that the company has obtained a major order for supply of home furnishing products worth of US$ 2.35 million from M/s Springs Industries Inc., USA a well known buyer, for onward supply to Walmart, USA.

Alps Industries Ltd. has informed the Exchange that the Company is setting up a Fibre Dyeing and Yarn Spinning Project of 50TPD capacity at haridwar in the state of Uttaranchal. A sum of Rs.105 crores has already been invested in the project till October 13, 2005. The trial production has already been commenced and commercial production is expected to begin very shortly. However full benefits of this expansion shall be available in the coming years. Further the Company has informed the Exchange that the Company has taken on lease a Spinning Mill of 20TPD capacity from State Development Corpora

Alps Industries Ltd. has informed the Exchange that the meeting of Board of Directors have been held on October 15, 2005, and approved the allotment of 15,00,000 equity shares in favour of Promoters towards the promoters contribution and 26,50,500 equity shares to public aggregating to 41,50,500 equity share offered through prospectus dated September 01, 2005 for public issue. The allotment to the public made as per the basis of allotment approved by the Bombay Stock Exchange Limited dated October 14, 2005 by allowing allotment of 500 equity shares extra for rounding off only.

Alps Industries Ltd. has informed the Exchange that the AGM of the Company was held on September 30, 2005 and approved the following matters: (1) The dividend on Equity shares has been declared @ 15% on the issued subscribed and paid up capital as on March 31, 2005. (2) Mr.Rakesh Gupta has been reappointed as a director of the Company. (3) M/s R.K.Govil & Co.the statutory auditors have been re-appointed till the conclusion of next AGM. (4) The approval for the proposal for payment of sitting fees to Non executive Directors in terms of SEBI circular no.SEBI/CFD/DIL/CG/2004/12/10 dated October 2

Alps Industries Ltd. has informed the Exchange that with regard to the proposed public issue of 41,50,000 equity shares, the BODs in its meeting held on September 01, 2005 approved the following matters related with the proposed public issue: (1) The issue price for offering of 41,50,000 equity shares by way of Public Issue has been fixed at Rs.120.00 per share (Inclusive of premium i.e. face value of Rs.10.00 each share and premium of Rs.110.00 each share). (2) The draft Prospectus as approved with observation by SEBI vide their letter reference no CFD/DIL/ISSUES/V/4813D/2005 dated August 29,

Alps Industries Ltd. has informed the Exchange that the Government of Uttaranchal has accepted the Company's bid for giving Alps Industries Ltd. on lease, a yarn spinning facility of 50,000 spindles for a period of 10 years on a staggered lease rental basis. A formal agreement to this effect will be signed very shortly with the Government of Uttaranchal. The facility is located at Kashipur. The commercial production is likely to commence by February 2006.

Alps Industries Ltd. has informed the Exchange that the Company has entered into a License Agreement with Walt Disney Company (India) Private Limited whereby it would be able to use the Disney Properties for its range of fashion accessories comprising of scarves, bandanas, hats, hoods, belts, suspenders, fashion bags, wallets and waist pouches. The agreement is valid up to October 31, 2007 and is renewable for further periods. It gives the Company a strong opportunity to extend its distribution network rapidly all over India. The agreement also affirms the Company's product quality. The agreem

Alps Industries Ltd. has informed the Exchange that the Company has announced the book closure from September 28, 2005 to September 29, 2005 (both days inclusive) for the purpose of holding the AGM and declaration of dividend, if any.

Alps Industries Ltd. has informed the Exchange that the BOD's have at their meeting held on February 12, 2005, approved the following important matters alongwith the miscellaneous matters related with the proposed Public Issue: 1) The draft Prospectus for the further issue of capital to the extent of Rs.49.80 Crores inclusive of share premium have been approved for the further submission to the SEBI through Lead Manager, UTI Securities Ltd. and to the Registrar of Companies, Kanpur. 2) The further issue of equity shares by way of Public Issue through prospectus would comprise of 41,50,000 Equi

Alps Industries Ltd. has informed the Exchange that the board in its meeting held on January 29,2005 deliberated on the matter concerning issue of shares to Public and felt that the matter required some furthur deliberations. Accordingly, the decisions for the approval of draft Prospectus, number of shares to be issued by way of public issue and pricing of the issue of equity shares have been deferred.

Alps Industries Ltd. has informed the Exchange that at the AGM of the company held on September 30, 2004 the following matters were approved: 1) the dividend on equity shares have been declared @5% on pro-rata basis; 2) Mr. G K Arora has been re-appointed as a Director of the Company; 3) M/s. R K Govil & Co. the statutory auditors have been re-appointed till the conclusion of next AGM; 4) the approval for proposal for enhancement of issued Equity Share Capital of the company by way of further issue of Equity Share Capital to the extent of Rs.50.00 Crores (including the premium on issue of Equi

Alps Industries Ltd. has informed the Exchange that at its meeting held on September 30, 2004 the BOD have in principle, considered and approved the proposed expansion project for fiber dyeing eco-friendly cotton yarn unit at Uttranachal alongwith other items of the agenda. The members of the Board was further appraised about the major reduction in the cost of funds under TUFS/PFS; which was acknowledged by the Board with appreciation.

News Verification : The press had reports on August 10, 2004 that Alps Industries Limited has finalised plans to set up a Rs 110 crore spinning plant. The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Alps Industries Limited has vide its letter inter-alia stated, "We had held an EGM of the members on 24th May, 2004 in which we had taken their approval for raising capital to the extent of Rs 50.00 Crores. We had speci