APM Industries promoter Ajay Rajgarhia acquires 5,175 shares

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Promoter Ajay Rajgarhia bought 5,175 shares in APM Industries
  • Transaction executed via open market purchase on September 15, 2026
  • Rajgarhia's stake rose from 10.95% to 10.97%
  • Total promoter group holding stands at 66.28%
  • Disclosure made under SEBI SAST Regulation 29(2)
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Promoter Ajay Rajgarhia acquired 5,175 equity shares of APM Industries through an open market purchase on September 15, 2026. The transaction increased his stake in the company by 0.02%.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to the BSE Limited on September 16, 2026.

Holding Details

Prior to the transaction, Rajgarhia held 23,66,579 shares, representing 10.95% of the total share capital. Following the purchase, his holding stands at 23,71,754 shares, or 10.97% of the total voting capital.

Metric Before Acquisition After Acquisition
Shares Held 23,66,579 23,71,754
Stake Percentage 10.95% 10.97%
Encumbrances Nil Nil

The total diluted share/voting capital of APM Industries remains unchanged at Rs. 4,32,22,720/- divided into 2,16,11,360 Equity Shares of Rs. 2/- each.

Promoter Group Structure

Rajgarhia is part of a broader promoter group that collectively holds 66.28% of the company’s share capital. Other significant promoters include Rajendra Kumar Rajgarhia (18.45%), Faridabad Paper Mills Private Limited (13.07%), and Prabha Rajgarhia (7.91%).

What the Numbers Show

The acquisition represents a marginal increase in stake via open market channels rather than a block deal or preferential allotment. With no encumbrances reported on the newly acquired or existing shares, the promoter group maintains an unpledged holding structure across its collective 66.28% stake.

Historical Stock Returns for Apm Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.33%-0.72%+1.55%+45.94%+67.71%+71.77%

Could this incremental open market purchase signal the promoter group's intent to consolidate control ahead of a potential strategic shift or capital raise?

How might APM Industries' stock price react to this confidence signal, given the promoter group's already substantial 66.28% unencumbered holding?

Are there any upcoming corporate actions, such as dividends or buybacks, that could explain the promoter's decision to increase stake via open market rather than block deals?

APM Industries AGM resolutions pass with 99.97% shareholder support

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • APM Industries AGM resolutions passed with 99.97% support
  • 14.56 million valid votes polled out of 21.61 million shares
  • Promoters voted 100% in favor of all three resolutions
  • Sanjay Rajgarhia re-appointed as director by rotation
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APM Industries declared the final voting results for its 52nd Annual General Meeting held on September 10, 2026. Shareholders approved all three ordinary resolutions with overwhelming support, securing more than 99% affirmative votes across the board.

The company reported that 14,563,910 valid votes were polled out of 2,16,11,360 shares held by shareholders on the record date of September 3, 2026. This represents a participation rate of 67.39% of outstanding shares. The consolidated results were submitted to BSE Limited on September 11, 2026, pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting Breakdown

The promoter group, holding 1,43,11,765 shares, voted unanimously in favor of all resolutions via remote e-voting. Public non-institutional shareholders cast 2,52,145 votes, with 98.40% supporting the proposals. No public institutional shareholders participated in the voting process.

Category Shares Held Valid Votes Polled Votes in Favor Votes Against % Support
Promoter Group 1,43,11,765 1,43,11,765 1,43,11,765 0 100.00%
Public Institutions 7,250 0 0 0 N/A
Public Non-Institutions 72,92,345 2,52,145 2,48,104 4,041 98.40%
Total 2,16,11,360 14,563,910 1,45,59,869 4,041 99.97%

Resolutions Approved

Shareholders approved the following ordinary resolutions:

  • Adoption of the audited financial statements for FY26, along with the Board and Auditors' reports.
  • Re-appointment of Sanjay Rajgarhia as a Director, replacing himself upon retirement by rotation.
  • Ratification of the Cost Auditors' remuneration for FY27.

The Statutory Auditor's Report and Secretarial Auditor's Report for FY26 contained no qualifications or remarks. Ravi Sharma and Suman Pandey of M/s. RSM & Company served as scrutinizers for the e-voting process.

What the Numbers Show

Promoter participation was absolute, with 100% of their shareholding voted in favor of every resolution. This contrasts with public non-institutional shareholders, where approximately 1.6% of polled votes were cast against the resolutions. Despite this dissent, the high promoter backing ensured unanimous passage of all agenda items.

Historical Stock Returns for Apm Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.33%-0.72%+1.55%+45.94%+67.71%+71.77%

How might the re-appointment of Sanjay Rajgarhia influence APM Industries' strategic direction and operational stability in the coming fiscal year?

What factors could drive the 67.39% shareholder participation rate, and does this level of engagement signal strong investor confidence in the company's governance?

Given the unanimous promoter support versus slight public dissent, are there specific concerns among retail investors regarding the FY26 financial performance or future dividend policies?

More News on Apm Industries

1 Year Returns:+67.71%