Apis India Limited has filed a revised disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (SAST Regulations). The disclosure pertains to an inter-se transfer of shares among promoter group members.

Transaction Details

The disclosure concerns the acquisition of 1,07,00,000 equity shares (representing 7.77% of total share capital) by Mr. Amit Anand, a member of the promoter group. The transaction was executed as an inter-se transfer by way of gift among immediate relatives, qualifying under Regulation 2(1)(1) read with Regulation 10(1)(a)(i) of the SAST Regulations.

Shareholding Changes

Before Acquisition (June 16, 2026):

  • Amit Anand held 2,44,85,825 equity shares (17.78% of total share capital)
  • No shares were encumbered (pledge/lien/non-disposal undertaking)
  • No voting rights otherwise than by shares
  • No other securities/warrants/convertible instruments
  • Total holding: 2,44,85,825 shares (17.78%)

Acquisition Details:

  • Shares acquired: 1,07,00,000 equity shares
  • Percentage acquired: 7.77% of total share capital
  • Mode of acquisition: Off-market inter-se transfer between immediate relatives (by way of gift)
  • Date of acquisition: June 16, 2026

After Acquisition:

  • Total holding: 3,51,85,825 equity shares (25.55% of total share capital)
  • No shares encumbered
  • No voting rights otherwise than by shares
  • No other securities/warrants/convertible instruments

Company Capital Structure

The equity share capital of Apis India Limited remained unchanged at Rs. 137,75,19,000/- (13,77,51,900 equity shares of Rs. 10/- each) both before and after the transaction. The total diluted share/voting capital also remained the same.

Parties Involved

  • Discloser: Mr. Amit Anand (Member of Promoter Group, DIN: 00951321)
  • Company Representative: Prem Anand (Chairperson and Director, DIN: 00951873)
  • Regulatory Recipient: BSE Limited Listing & Compliance Department

Correspondence History

The revision was prompted by emails from BSE Listing Compliance Department dated August 12, 2026, and August 21, 2026, highlighting the discrepancy regarding the missing acquisition date in the original June 17, 2026 disclosure.