Apcotex industries Limited has announced a Board of Directors meeting scheduled for March 27, 2026, to deliberate on the company's general business operations. The announcement was made through official communication to stock exchanges on March 20, 2026.

Meeting Details

The board meeting has been convened to consider, review and approve various aspects of the company's general business operations. The meeting notice was formally communicated to both major stock exchanges where the company is listed.

Regulatory Compliance

The company has fulfilled its regulatory obligations by informing the National Stock Exchange of India and BSE Limited about the upcoming board meeting. This notification aligns with the requirements under Regulation 29, ensuring transparency and proper disclosure to stakeholders.

The communication was signed by Drigesh Mittal, Head - Company Secretary & Legal, and digitally authenticated on March 20, 2026. The company has requested both exchanges to maintain records of this scheduled meeting.

Company Operations

Apcotex Industries Limited operates from multiple locations across Maharashtra. The company maintains its registered office in Navi Mumbai, corporate office in Mumbai's Backbay Reclamation area, and manufacturing facility at the MIDC Industrial Area in Taloja, Raigad district.

Apcotex Industries Limited has filed a comprehensive disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, regarding an inter-se transfer of 4,000 equity shares among promoter group members. Rita Ashok Parekh acquired the shares from Mrs. Rita Ashok Parekh and Janaki Parekh without any monetary consideration on 18th March 2026.

Transaction Overview

The share transfer was executed as an inter-se arrangement among promoter group members, with Rita Ashok Parekh consolidating her shareholding through acquisition from other promoter entities. The transaction was completed without consideration, representing an internal reorganization within the promoter group structure.

Shareholding Impact

The inter-se transfer resulted in changes to Rita Ashok Parekh's shareholding pattern within the promoter group. Her consolidated holding shows 3,15,250 shares representing 0.61% of the total share capital, while maintaining the overall promoter group shareholding at 58.23%.

Company Capital Structure

Apcotex Industries Limited has an equity share capital of Rs. 10,36,89,920 comprising 5,18,44,960 equity shares of Rs. 2.00 each. The company's shares are listed on BSE Limited with scrip code 523694 and on National Stock Exchange of India Limited with symbol APCOTEXIND.

Regulatory Compliance

The transaction was conducted under Regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which provides exemption from making an open offer for inter-se transfers among promoter group members. The formal disclosure was filed with both stock exchanges in the prescribed format, meeting all regulatory timeline requirements.

The comprehensive disclosure includes detailed annexures showing the complete shareholding pattern of all 31 promoter group entities before and after the transaction, ensuring full transparency and regulatory compliance. The filing demonstrates the company's commitment to maintaining proper corporate governance standards and regulatory adherence.