Transaction Details
The company has received a prior intimation from Mr. Amit Anand (Acquirer/Promoter) under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 regarding a proposed inter-se transfer by way of gift:
- Date of Proposed Transaction: June 08, 2026
- Transferor: Mrs. Sakshi Anand (Promoter of Apis India Limited)
- Transferee: Mr. Amit Anand (Promoter of Apis India Limited)
- Number of Shares: 1,07,00,000 equity shares
- Percentage of Total Share Capital: 7.77%
- Consideration: No consideration (gift transfer)
- Relationship Between Parties: Immediate relatives (husband and wife)
Regulatory Exemption
The transaction qualifies for exemption from making an open offer under Regulation 10(1)(a)(i) of SEBI SAST Regulations as it is an inter-se transfer among immediate relatives within the promoter group.
Shareholding Impact
Pre-Transaction Holdings:
- Mr. Amit Anand: 2,44,85,825 shares (17.78% of total share capital)
- Mrs. Sakshi Anand: 1,07,00,000 shares (7.77% of total share capital)
Post-Transaction Holdings:
- Mr. Amit Anand: 3,51,85,825 shares (25.55% of total share capital)
- Mrs. Sakshi Anand: Nil shares (0% of total share capital)
Key Declarations
The acquirer (Mr. Amit Anand) has declared that:
- All conditions specified under Regulation 10(1)(a) for exemptions have been duly complied with
- The transferor and transferee have complied with applicable disclosure requirements under Chapter V of the Takeover Regulations 2011
- The aggregate holding of the promoter and promoter group remains unchanged before and after the transaction
Additional Information
- The transaction is an off-market inter-se transfer
- Market price calculations are not applicable as it is a gift transaction
- The disclosure includes all required regulatory formats under Regulation 10(5) of SEBI SAST Regulations
- The document was digitally signed by Prem Anand (Chairperson and Director, DIN: 00951873) on behalf of Apis India Limited
- The acquirer's disclosure was signed by Amit Anand (DIN: 00951321) in New Delhi on June 02, 2026