Apis India announces inter-se transfer of shares as a gift from promoter Mrs. Sakshi Anand to Mr. Amit Anand
Apis India Ltd has announced an inter-se transfer of equity shares through a gift, involving immediate family members within the company's promoter group. The transaction involves the gifting of 1,07,00,000 equity shares by Mrs. Sakshi Anand, Promoter of Apis India Limited, to Mr. Amit Anand, who is also a Promoter and Director of the company.The proposed acquisition is set to occur on or after June 16, 2026. The transfer involves zero consideration, as it is an inter-se transaction by way of gift between the immediate husband and wife.
This transfer falls within the promoter and promoter group structure, with the overall status remaining unchanged before and after the proposed transaction.
The details of the shares transferred are as follows:
| Date of Proposed Transaction | Transferor Name | Transferee Name | No. of Shares Proposed to be Transferred | Percentage Holding of Proposed Share |
|---|---|---|---|---|
| June 16, 2026 | Mrs. Sakshi Anand | Mr. Amit Anand | 1,07,00,000 | 7.77% |
Shareholding Details before and after the transfer
The transaction significantly impacts the shareholding percentages of both parties involved in the gift. Prior to the transfer, Mr. Amit Anand held 2,44,85,825 shares, representing a 17.78% stake. Following the successful acquisition of these shares, Mr. Amit Anand's holding is expected to increase to 3,51,85,825 shares, which accounts for 25.55% of the company's share capital.The transferor, Mrs. Sakshi Anand, currently holds 1,07,00,000 equity shares, constituting a 7.77% holding prior to the transaction. Post-transfer, her holding in the company is reported as Nil.
The summary of the change in shareholding status across the involved parties is presented below:
| Party | Before Transaction (Shares / Percentage) | After Transaction (Shares / Percentage) |
|---|---|---|
| Mr. Amit Anand | 2,44,85,825 shares / 17.78% | 3,51,85,825 shares / 25.55% |
| Mrs. Sakshi Anand (Seller) | 1,07,00,000 shares / 7.77% | Nil |
Stock Price Movement
As of 10:51, Apis India Ltd is ticking down at ₹60.93, which represents a decline of 1.49%. The shares have traded within an intraday range, testing lows near ₹60.11 and highs up to ₹62.80.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.