Alps Industries (AIL) has entered into a onetime settlement agreement with its material subsidiary companies - Snowflakes Meditech and Alps Energy on May 30, 2017 for settlement of all dues. The company has received an approval for the same from the board of directors at their meeting held on May 30, 2017.
Alps Industries is a holding company, which is engaged in the textile business. The company manufactures and sells home furnishings, fashion accessories and yarns in India. Its segments include Home Furnishing & Fashion Accessories; Yarn, and Architectural Products.
| Company Name | CMP |
|---|---|
| Welspun Living | 124.80 |
| Vardhman Textiles | 554.85 |
| Arvind | 386.95 |
| K.P.R. Mill | 924.70 |
| Page Industries | 38172.05 |
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