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.

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.

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.