Alps Industries has set January 2, 2026, as the record date for a significant capital restructuring.

The face value of its equity shares will first be reduced from Rs. 10 to Re.

0.10. This cuts the company's equity capital from Rs. 39.11 Cr to Rs. 39.11 Lakh.

Post-reduction, 10 shares of Re.

0.10 each will consolidate into 1 new share of Re.

1. This means investors will hold fewer shares, each with a higher face value.