Vimta Labs: APIDC Shares Transferred to TSIDC Following Andhra Pradesh Bifurcation

1 min read     Updated on 21 Nov 2025, 06:59 PM
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Reviewed by
Radhika SScanX News Team
Overview

Vimta Labs Limited reported a change in its shareholding structure due to the bifurcation of Andhra Pradesh. Shares previously held by Andhra Pradesh Industrial Development Corporation Limited (APIDC) have been transferred to Telangana State Industrial Development Corporation Limited (TSIDC) on November 18, 2025. This transfer is in accordance with the Andhra Pradesh Reorganisation Act, 2014. Vimta Labs proposes to reclassify TSIDC as a Promoter-Body Corporate and APIDC as a Public Shareholder. The matter is subject to ongoing judicial proceedings.

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Vimta Labs Limited has announced a significant change in its shareholding structure following the bifurcation of Andhra Pradesh state. The company disclosed that shares previously held by Andhra Pradesh Industrial Development Corporation Limited (APIDC) have been transferred to Telangana State Industrial Development Corporation Limited (TSIDC), effective November 18, 2025.

Key Points of the Share Transfer

  • Transfer Date: November 18, 2025
  • Transferor: Andhra Pradesh Industrial Development Corporation Limited (APIDC)
  • Transferee: Telangana State Industrial Development Corporation Limited (TSIDC)

Reasons for the Transfer

The share transfer is a result of the bifurcation of the erstwhile State of Andhra Pradesh into the Residual Andhra Pradesh and the State of Telangana. This action is in accordance with:

  • The Andhra Pradesh Reorganisation Act, 2014
  • Section 68 read with Section 53 and the Ninth Schedule of the Act
  • The Demerger Scheme of APIDC

Changes in Shareholder Classification

Following this transfer, Vimta Labs has proposed the following changes in shareholder classification:

Entity Previous Classification New Classification
TSIDC N/A Promoter-Body Corporate
APIDC Promoter Public Shareholder

It's important to note that the matter remains subject to judicial proceedings, which may impact the final classification of these entities.

Background on APIDC's Promoter Status

APIDC's classification as a Promoter was based on an Investment Agreement dated June 27, 1991. The company had previously disclosed a dispute or termination of this agreement in an intimation to stock exchanges on August 13, 2023.

Regulatory Compliance

This announcement is in compliance with Regulation 30 and Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR).

Investors and stakeholders should note that while this transfer represents a significant change in the company's shareholding structure, it does not necessarily impact the day-to-day operations of Vimta Labs. The company continues to operate its core business of providing testing, research, and development services.

As this situation involves ongoing legal proceedings, shareholders and potential investors are advised to keep track of further updates from the company regarding the final resolution of the share classification and any potential impacts on corporate governance.

Historical Stock Returns for Vimta Labs

1 Day5 Days1 Month6 Months1 Year5 Years
-1.22%-0.39%-8.52%+24.36%+37.65%+758.66%
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Vimta Labs Boosts Employee Ownership with New Stock Option Allotment

1 min read     Updated on 17 Nov 2025, 06:51 PM
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Reviewed by
Naman SScanX News Team
Overview

Vimta Labs Limited has allotted 94,369 equity shares under its Employee Stock Option Plan 2021. The shares, with a face value of ₹2 each, were allotted on November 17, 2025. This allotment has increased the company's paid-up capital from ₹8,90,81,640.00 to ₹8,92,70,378.00. The newly allotted shares will rank pari-passu with existing equity shares.

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*this image is generated using AI for illustrative purposes only.

Vimta Labs Limited , a prominent player in the Indian stock market, has taken a significant step to enhance employee engagement and ownership. The company recently announced the allotment of equity shares under its Employee Stock Option Plan (ESOP), demonstrating its commitment to aligning employee interests with corporate growth.

Key Details of the Allotment

Aspect Details
Number of Shares Allotted 94,369
Face Value per Share ₹2
Allotment Date November 17, 2025
ESOP Scheme Employee Stock Option Plan 2021

Impact on Share Capital

The allotment of these equity shares has resulted in a notable increase in Vimta Labs' paid-up share capital:

Capital Status Amount (in ₹)
Previous Paid-up Capital 8,90,81,640.00
New Paid-up Capital 8,92,70,378.00
Increase 1,88,738.00

This move by Vimta Labs underscores the company's strategy to foster a sense of ownership among its employees. By offering equity shares through the ESOP, the company aims to motivate and retain talent, aligning the interests of employees with those of shareholders.

It's worth noting that the newly allotted shares will rank pari-passu with the existing equity shares of the company. This means that the new shares will carry the same rights and privileges as the current outstanding shares, ensuring equal treatment for all shareholders.

The implementation of such employee stock option plans is a common practice among companies looking to create a more engaged and committed workforce. For Vimta Labs, this allotment could potentially lead to increased employee productivity and loyalty, which may, in turn, contribute to the company's long-term growth and success in the competitive Indian market landscape.

As the Indian stock market continues to evolve, moves like these by Vimta Labs highlight the increasing focus on employee welfare and engagement as key drivers of corporate performance and shareholder value.

Historical Stock Returns for Vimta Labs

1 Day5 Days1 Month6 Months1 Year5 Years
-1.22%-0.39%-8.52%+24.36%+37.65%+758.66%
Vimta Labs
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