Apis India has convened its 44th Annual General Meeting on Wednesday, September 30, 2026, at 1:00 pm IST, to be held through Video Conferencing/other audio-visual means.

The AGM notice, issued on September 5, 2026, pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, covers the financial year 2025-26. The communication follows an earlier intimation dated August 29, 2026, regarding the book closure period. The annual report and AGM notice are available on the company's website and are being dispatched to shareholders through permissible modes. Amit Anand, Managing Director, signed the communication.

Event schedule

Shareholders must note the following dates for participation and voting:

The book closure applies to the register of members and share transfer books for the purpose of annual closing. Shareholders holding shares as of the cut-off date of September 23, 2026, will be eligible to vote. E-voting is facilitated by Central Depository Services (India) Limited (CDSL). Members may join the AGM through VC/OAVM from 12:45 pm IST, 15 minutes before the scheduled start time.

AGM agenda

The meeting will transact the following ordinary business items:

• Item 1: Adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026, along with the auditors' and Board of Directors' reports
• Item 2: Re-appointment of Mr. Vimal Anand (DIN: 00951380) as a director, who retires by rotation and is eligible for re-appointment
• Item 3: Appointment of M/s S S Kothari Mehta & Co. LLP, Chartered Accountants, New Delhi (Firm Registration No. 000756N/N500441), as statutory auditors for a term of five consecutive years from the conclusion of the 44th AGM until the conclusion of the 49th AGM to be held in the year 2031, at an annual remuneration of ₹20,00,000 for FY27, plus applicable taxes and reimbursement of out-of-pocket expenses

Statutory auditor transition

M/s G A M S & Associates LLP, Chartered Accountants, were appointed as statutory auditors at the 39th AGM for a term of five consecutive years. Their term concludes at the conclusion of the 44th AGM. The Board places on record its appreciation for their services during their tenure.

The proposed remuneration of ₹20,00,000 for M/s S S Kothari Mehta & Co. LLP for FY27 represents an increase of ₹12,00,000, or 150%, over the remuneration of ₹8,00,000 paid to the outgoing statutory auditors for FY26. M/s S S Kothari Mehta & Co. LLP is a firm of Chartered Accountants established in 1971, with pan-India presence and experience in audit and assurance, taxation, regulatory and other professional services across sectors including manufacturing, financial services, information technology and consumer products.

Director proposed for re-appointment

The following details pertain to Mr. Vimal Anand, proposed for re-appointment at the 44th AGM:

Mr. Vimal Anand is the Whole-time Director responsible for overseeing the company's export operations and international business development. He has received formal training in beekeeping and honey processing from the University of Warmia and Mazury, Olsztyn, Poland. He is the brother of Amit Anand, Managing Director, and son of Mrs. Prem Anand, Whole Time Director and Chairperson.

Apis India Limited filed a revised regulatory disclosure on August 25, 2026, correcting an earlier submission regarding the inter-se transfer of 1,07,00,000 equity shares by way of gift among promoter group members. The filing addresses a procedural omission in the June 17, 2026 disclosure by specifying the exact date of acquisition.

The transaction involved Mr. Amit Anand, a member of the promoter group, acquiring shares from immediate relatives, specifically Mrs. Sakshi Anand. This move increased his individual holding in the company, consolidating ownership within the promoter circle without altering the total promoter stake or the company’s total equity share capital.

Transaction Details

The revised disclosure was submitted pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company noted that the Bombay Stock Exchange Listing Compliance Department had flagged the discrepancy in the initial filing via emails dated August 12 and August 21, 2026.

Ownership Impact

Prior to the transfer, Mr. Anand held 2,44,85,825 shares, representing 17.78% of the total share capital. Following the acquisition, his holding rose to 3,51,85,825 shares, or 25.55% of the total voting capital.

The donor, Mrs. Sakshi Anand, held 1,07,00,000 shares (7.77%) prior to the transaction and holds nil shares post-transfer.

The total equity share capital of the company remained unchanged at ₹137,75,19,000, comprising 13,77,51,900 equity shares of ₹10 each. No encumbrances or convertible securities were involved in the transaction.