Apis India promoter Amit Anand to receive 7.77% stake as gift

1 min read     Updated on 02 Jun 2026, 03:58 PM
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AI Summary

Apis India Limited announced an inter-se transfer of 1,07,00,000 shares (7.77%) from promoter Mrs. Sakshi Anand to Mr. Amit Anand effective June 08, 2026. The transaction, executed as a gift, is exempt from open offer regulations under SEBI SAST. While individual holdings change, the aggregate promoter group shareholding remains constant.

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Apis India Limited has disclosed a proposed inter-se transfer of 1,07,00,000 equity shares, representing 7.77% of the company's total share capital, within its promoter group. Scheduled for June 08, 2026, the transaction involves the gifting of shares from Mrs. Sakshi Anand to Mr. Amit Anand, both identified as promoters of the company. The transfer is exempt from making an open offer under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it involves immediate relatives.

The company stated that the aggregate holding of the promoter and promoter group will remain unchanged before and after the transaction. Mr. Amit Anand, the acquirer, has confirmed compliance with applicable disclosure requirements under Chapter V of the Takeover Regulations, 2011. The necessary disclosures were submitted to BSE Limited on June 02, 2026, by Prem Anand, Chairperson and Director of Apis India Limited .

Shareholding Details

The transfer will alter the individual shareholding percentages of the promoters while maintaining the group's total stake. Mr. Amit Anand's holding is set to increase, while Mrs. Sakshi Anand will cease to hold shares in the company following the transaction.

Shareholder Shares Before Transaction % Before Shares After Transaction % After
Mr. Amit Anand 2,44,85,825 17.78% 3,51,85,825 25.55%
Mrs. Sakshi Anand 1,07,00,000 7.77% Nil Nil

Transaction Structure

The acquisition is structured as an off-market inter-se transfer by way of gift. As there is no consideration involved, valuation metrics such as volume weighted average market price are not applicable to this transaction. The acquirer has declared that all conditions specified under the relevant regulations for exemptions have been duly complied with.

Historical Stock Returns for Apis

1 Day5 Days1 Month6 Months1 Year5 Years
-2.96%+2.83%-2.05%+27.48%+399.19%+7,912.99%

How will the consolidation of shares under Mr. Amit Anand influence future strategic decision-making within the company?

Does this shift in individual ownership signal a potential change in succession planning or leadership roles for the Anand family?

Could the increased individual stake for Mr. Amit Anand lead to higher pledge ratios of shares in the future?

Apis India FY26 profit rises, revenue grows

1 min read     Updated on 31 May 2026, 09:22 PM
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AI Summary

Apis India Limited reported a profit after tax of ₹2,425.04 lakh for the financial year ended March 31, 2026, an increase from ₹2,103.22 lakh in the previous year. Revenue from operations for the year stood at ₹39,627.75 lakh, compared to ₹35,417.45 lakh in FY25. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors issued an audit report with an unmodified opinion on the standalone and consolidated financial results.

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Apis India Limited reported a profit after tax of ₹2,425.04 lakh for the financial year ended March 31, 2026, an increase from ₹2,103.22 lakh in the previous year. Revenue from operations for the year stood at ₹39,627.75 lakh, compared to ₹35,417.45 lakh in FY25. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a profit after tax of ₹711.73 lakh, compared to ₹680.58 lakh in the corresponding quarter of the previous year. Total income from operations for the quarter was ₹10,194.33 lakh. The basic and diluted earnings per share (EPS) for the year were ₹1.86, compared to ₹1.84 in the prior year.

Metric Year Ended March 31, 2026 (₹ in lakh) Year Ended March 31, 2025 (₹ in lakh)
Revenue from operations 39,627.75 35,417.45
Total income 39,627.75 35,417.45
Profit before tax 3,248.30 2,857.35
Profit after tax 2,425.04 2,103.22
Basic EPS (₹) 1.86 1.84

Auditor's Report

The statutory auditors issued an audit report with an unmodified opinion on the standalone and consolidated financial results. The auditors drew attention to disputed trade receivables amounting to ₹358.99 lakh, against which a provision of ₹729.85 lakh has been made. They also noted delays in the receipt of export proceeds aggregating to ₹524.03 lakh, for which the company has filed applications for condonation with the appropriate authority.

Historical Stock Returns for Apis

1 Day5 Days1 Month6 Months1 Year5 Years
-2.96%+2.83%-2.05%+27.48%+399.19%+7,912.99%

What is the expected timeline for resolving the delayed export proceeds of ₹524.03 lakh?

How will the company address the disputed trade receivables highlighted in the auditor's report?

What strategies will Apis India implement to sustain the revenue growth momentum in FY27?

More News on Apis

1 Year Returns:+399.19%