Apis India appoints Ankit Nagar as CFO and Key Managerial Personnel

2 min read     Updated on 24 Jun 2026, 07:51 PM
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AI Summary

Apis India Limited has appointed Ankit Nagar as CFO, Arun Mishra as National Sales Head, and Pankaj Tripathi as GM-HR, Admin & IT. The company reported a record consolidated annual turnover of ₹390.51 crore in FY 2025-26, with Q4 FY26 net profit rising 27.3% YoY to ₹10.35 crore.

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Apis India Limited has appointed Ankit Nagar as Chief Financial Officer (CFO) and Key Managerial Personnel, alongside Arun Mishra as National Sales Head - General Trade and Pankaj Tripathi as GM-HR, Admin & IT. The company stated that these leadership appointments are intended to strengthen organisational capabilities and support the next phase of growth. Amit Anand, Managing Director, expressed confidence that the new leaders would drive strategic priorities and strengthen market position.

Ankit Nagar is a qualified Chartered Accountant with over 16 years of post-qualification experience in financial reporting, financial planning & analysis (FP&A), strategic growth planning, corporate governance, and regulatory compliance. His previous roles include positions at Dharampal Satyapal Foods Limited, Modi Rubber Limited, HSBC Electronic Data Processing Pvt. Ltd., and SRBC & Co LLP. Nagar has led multiple mergers and acquisitions, business restructuring initiatives, and managed due diligence for strategic acquisitions.

Arun Mishra, based at the New Delhi headquarters, will lead the General Trade sales function across India. He is a Management Postgraduate with an MBA in Marketing & IT from Apeejay School of Management and brings over 25 years of experience in sales and marketing. Mishra has worked with organisations such as Soothe Healthcare, Birla Morton, Modi Naturals, Haldiram Snacks, and Devyani Beverage. Most recently, he served as Vice President, Sales at Sunbridge Agro.

Pankaj Tripathi holds an MBA in Human Resource Management and brings over 18 years of experience across FMCG, manufacturing, hospitality, and retail sectors. He has held key HR leadership positions at DS Group, PVR INOX, Mahindra Group, and Royal Orchid Hotels. His expertise includes strategic HR business partnering, talent management, industrial relations, and HR digitalisation.

Recent Financial Performance

The company recently reported its highest-ever consolidated annual turnover of ₹390.51 crore in FY 2025-26, reflecting an approximately 11.5% YoY increase. Q4 FY26 was particularly robust, with consolidated net profit rising 27.3% YoY to ₹10.35 crore and revenue growing 8.6% YoY to ₹97.89 crore.

Metric Value
Consolidated Annual Turnover (FY 2025-26) ₹390.51 crore
YoY Turnover Growth ~11.5%
Q4 FY26 Net Profit ₹10.35 crore
Q4 FY26 Net Profit Growth 27.3% YoY
Q4 FY26 Revenue ₹97.89 crore
Q4 FY26 Revenue Growth 8.6% YoY

The year was also marked by key strategic milestones, including the launch of the MISK Masala Dates range and a government-approved subsidy of approximately ₹1.66 crore towards a new 2,400-MT-per-annum jam manufacturing facility at Roorkee.

Historical Stock Returns for Apis

1 Day5 Days1 Month6 Months1 Year5 Years
-1.77%-9.30%-10.37%-48.97%+323.73%+7,042.86%

How will Ankit Nagar's expertise in M&A influence Apis India's inorganic growth strategy over the next fiscal year?

What specific market share targets does the company aim to achieve under the new National Sales Head leadership?

Will the recent capital investments in the Roorkee facility be sufficient to sustain the current double-digit revenue growth trajectory?

Apis India promoter transfers shares via gift

1 min read     Updated on 17 Jun 2026, 06:43 PM
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Apis India Limited disclosed an inter-se transfer of shares within its promoter group, where Mrs. Sakshi Anand gifted 1,07,00,000 equity shares to Mr. Amit Anand. Following the transaction, Mr. Amit Anand's holding increased to 25.55%, while Mrs. Sakshi Anand's holding reduced to nil.

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Apis India Limited disclosed an inter-se transfer of shares within its promoter group, altering the shareholding structure of key stakeholders. Mrs. Sakshi Anand transferred 1,07,00,000 equity shares to Mr. Amit Anand by way of gift. This transaction was executed off-market between immediate relatives and was disclosed to BSE Limited on June 17, 2026.

The transfer was conducted pursuant to Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Prem Anand, Chairperson and Director of Apis India Limited , submitted the initial disclosure to the exchange. Subsequent confirmations were filed by the individuals involved in the transaction.

Prior to the transfer, Mr. Amit Anand held 2,44,85,825 shares, representing 17.78% of the company's total share capital. Mrs. Sakshi Anand held the 1,07,00,000 shares that were transferred, which accounted for 7.77% of the total share capital. The total equity share capital of the company remains Rs. 137,75,19,000, comprising 13,77,51,900 equity shares of Rs. 10 each.

Following the acquisition, Mr. Amit Anand's shareholding increased to 3,51,85,825 shares. This new holding constitutes 25.55% of the total share capital of Apis India Limited. Consequently, Mrs. Sakshi Anand's holding in the company has reduced to nil. There were no changes to the encumbered shares or warrants as part of this transaction.

The details of the shareholding changes are summarized in the table below:

Shareholder Transaction Shares Transferred Pre-Transaction Holding Post-Transaction Holding
Mr. Amit Anand Acquisition 1,07,00,000 2,44,85,825 (17.78%) 3,51,85,825 (25.55%)
Mrs. Sakshi Anand Disposal 1,07,00,000 1,07,00,000 (7.77%) Nil

The disclosures confirm that the acquirer belongs to the promoter group. The mode of acquisition was specifically recorded as an off-market inter-se transfer between immediate relatives by way of gift. The date of acquisition was listed as June 16, 2026.

Historical Stock Returns for Apis

1 Day5 Days1 Month6 Months1 Year5 Years
-1.77%-9.30%-10.37%-48.97%+323.73%+7,042.86%

Will this consolidation of promoter holding lead to changes in the company's strategic direction or governance policies?

Does the increase in Amit Anand's stake to over 25% signal potential plans for a delisting or a creeping acquisition?

How might the market interpret this concentration of ownership in terms of future liquidity and trading volumes?

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1 Year Returns:+323.73%