Apis India Limited has intimated the stock exchanges regarding a proposed inter-se transfer of 1,07,00,000 equity shares, representing 7.77% of its total share capital, within the promoter group. The transaction, scheduled to take place on or after June 16, 2026, involves the transfer of shares from Mrs. Sakshi Anand to Mr. Amit Anand by way of gift. The aggregate holding of the promoter and promoter group will remain unchanged before and after this transaction.

The proposed transfer falls under the exemption provided by Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it involves an inter-se transfer among immediate relatives. The company confirmed that the necessary disclosures under Regulation 10(5) of the SEBI SAST Regulations have been submitted to the exchanges.

Mr. Amit Anand, the acquirer, currently holds 17.78% of the company's share capital. Post-transaction, his holding is expected to increase to 25.55%. Conversely, Mrs. Sakshi Anand, who currently holds 7.77%, will cease to hold any shares following the transfer. There is no consideration involved in this transaction as it is structured as a gift.

The disclosure confirms that all conditions specified under Regulation 10(1)(a) regarding exemptions have been duly complied with. The transfer is intended to be executed off-market.

Apis India Limited reported a 27.3% year-on-year surge in consolidated net profit to ₹10.35 crore for the quarter ended March 31, 2026. Revenue from operations for the quarter grew 8.6% to ₹97.89 crore, driven by demand for its natural and wellness foods portfolio. The company achieved its highest-ever consolidated annual turnover of ₹390.51 crore in FY 2025-26, reflecting a strong finish to the financial year.

Financial Performance

For the full year, Apis India recorded a net profit of ₹25.32 crore, remaining broadly flat compared to the previous year. Total revenue from operations rose 11.5% to ₹390.51 crore. The board approved the audited financial results at a meeting held on May 30, 2026. The statutory auditors issued an unmodified opinion on the standalone and consolidated financial results, though they noted disputed trade receivables of ₹358.99 lakh against which a provision of ₹729.85 lakh was made, and delays in export proceeds aggregating ₹524.03 lakh.

Strategic Developments

The year marked several strategic milestones for the company. Apis India launched its MISK Masala Dates range, expanding its product portfolio in the natural snacking category. The company secured approval for a subsidy of approximately ₹1.66 crore from the Ministry of Food Processing Industries towards a new 2,400-MT-per-annum jam manufacturing facility at Roorkee. Additionally, in December 2025, the board approved a bonus share issue in the ratio of 24:1.

Outlook

Apis India heads into FY 2026-27 with its strongest-ever revenue base and new manufacturing capacity. The focus remains on deepening brand presence across domestic and export markets, expanding product lines, and investing in manufacturing infrastructure to accelerate growth.