Description
NSE suspends trading in equity shares of Alps Industries Limited effective January 02, 2026 due to capital reduction pursuant to NCLT Order dated November 04, 2025.
Summary
The National Stock Exchange of India has announced the suspension of trading in equity shares of Alps Industries Limited (Symbol: ALPSINDUS) effective from January 02, 2026 (closing hours of trading on January 01, 2026). The suspension is implemented pursuant to Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A, following a capital reduction order issued by the National Company Law Tribunal (NCLT) dated November 04, 2025.
Key Points
- Trading in equity shares of Alps Industries Limited (ALPSINDUS) will be suspended from January 02, 2026
- Suspension takes effect from the closing hours of trading on January 01, 2026
- Reason: Capital reduction pursuant to NCLT Order dated November 04, 2025
- Action taken under Regulation 3.1.2 of NSE (Capital Market) Trading Regulations Part A
- Circular issued by NSE Listing Department
Regulatory Changes
This suspension is implemented in accordance with NSE (Capital Market) Trading Regulations Part A, Regulation 3.1.2, which provides the regulatory framework for suspension of securities from trading on the exchange.
Compliance Requirements
- All members of the exchange must cease trading in ALPSINDUS equity shares from January 02, 2026
- No trading orders shall be accepted or executed for this security after the suspension becomes effective
- Market participants must ensure compliance with the suspension directive
Important Dates
- Circular Date: December 30, 2025
- NCLT Order Date: November 04, 2025
- Last Trading Day: January 01, 2026 (until closing hours)
- Suspension Effective Date: January 02, 2026
- Circular Effective Date: January 02, 2026
Impact Assessment
Market Impact: High - Complete trading suspension prevents all buy and sell transactions in the stock, affecting liquidity and investor ability to exit or enter positions.
Investor Impact: Existing shareholders will not be able to trade their holdings on the NSE platform from the effective date. The capital reduction process under NCLT supervision indicates a significant corporate restructuring event.
Operational Impact: Trading members must update their systems to block orders for ALPSINDUS and inform clients about the suspension. The suspension relates to a court-ordered capital reduction, which typically involves return of capital to shareholders or adjustment of share capital structure as per NCLT directions.
Impact Justification
Complete suspension of trading in equity shares affects all investors and shareholders of Alps Industries Limited, with immediate market impact.