ALPSINDUS

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 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 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 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 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