Apis India Limited has cancelled its Board of Directors meeting scheduled for Thursday, August 13, 2026. The meeting was originally convened to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.

The company attributed the cancellation to the ongoing finalization of accounts and audit procedures. Apis India indicated that it would inform stock exchanges of a revised meeting date in due course.

Trading Window Status

The trading window for dealing in the company’s securities remains closed for all connected and designated persons. This restriction, effective from July 1, 2026, will remain in place until 48 hours after the announcement of the unaudited standalone and consolidated financial results.

This communication supersedes the earlier intimation vide letter no. AIL/2026-27/482 dated August 7, 2026, regarding the scheduled meeting.

Promoter group member Amit Anand acquired 1,07,00,000 equity shares of Apis India Limited through an off-market inter-se transfer by way of gift from promoter Mrs. Sakshi Anand. The transaction, executed on June 16, 2026, was disclosed to BSE Limited and the Securities and Exchange Board of India (SEBI) under Regulation 10(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This transfer alters the promoter group's internal shareholding distribution while the aggregate holding of the promoter and promoter group remains unchanged.

The acquisition falls within the exemption provided under Regulation 10(1)(a)(i) of the SEBI SAST Regulations, as the transferor and transferee are immediate relatives. Consequently, the transaction does not trigger an open offer that would have been mandated under Regulation 3(1) of the Takeover Regulations. Amit Anand confirmed compliance with all conditions specified under the relevant exemption regulations.

Shareholding Details

The transfer resulted in a significant shift in the individual shareholding of the promoters. Amit Anand's stake in the company rose from 17.78% to 25.55%, while Mrs. Sakshi Anand's holding reduced to nil. The total equity share capital of Apis India Limited remains Rs. 137,75,19,000, comprising 13,77,51,900 equity shares of Rs. 10 each.

Regulatory Compliance

Disclosures regarding the proposed transaction were filed with the stock exchanges on June 09, 2026, under Regulation 10(5), and a post-acquisition report was filed on June 17, 2026, under Regulation 10(6). The final report under Regulation 10(7) was submitted to SEBI on June 27, 2026, along with the requisite fees of Rs. 1,77,000, inclusive of GST.

Additionally, the parties complied with the provisions of Chapter V of the Takeover Regulations and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company confirmed that all necessary documents and fees have been submitted to the relevant authorities.