Vimta Labs: APIDC Shares Transferred to TSIDC Following Andhra Pradesh Bifurcation
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.22% | -0.39% | -8.52% | +24.36% | +37.65% | +758.66% |





































