Promoter's Stake Rises as Apis India Ltd Receives Inter-se Transfer of Shares

Promoter's Stake Rises as Apis India Ltd Receives Inter-se Transfer of Shares

Promoter's Stake Rises as Apis India Ltd Receives Inter-se Transfer of Shares​

Apis India Ltd has seen an increase in its Promoter group's holding following the inter-se transfer of equity shares. Mr. Amit Anand, identified as the Donee, acquired 1,07,00,000 shares through a gift from the company.

The acquisition, which took place on June 16, 2026, resulted in Mr. Amit Anand's total holding rising. Prior to the transaction, Mr. Amit Anand held 2,44,85,825 shares, constituting 17.78% of the company's total share capital.

The transaction details, which was categorized as an Off-Market Inter-se-Transfer by way of Gift, are summarized below:

Holding CategoryBefore AcquisitionAfter Acquisition
Shares Carrying Voting Rights2,44,85,825 (17.78% of total share capital)3,51,85,825 (25.55% of total share capital)
Shares Acquired via Transfer1,07,00,000 (7.77% of total share capital)

The acquisition increased Mr. Amit Anand’s total holding from 17.78% to 25.55% of the total share capital of Apis India Limited.

The company's equity share capital was recorded at Rs. 137,75,19,000 (13,77,51,900) for equity shares of Rs. 10/- each. The total diluted share/voting capital of the company after the transfer remained at Rs. 137,75,19,000 (13,77,51,900) Equity shares of Rs. 10/- each.

Stock Price Movement​

As of 10:12, shares of Apis India Ltd are edging higher at ₹55.37, after rising by +1.56%. The stock saw volatility during the day, trading within an intraday range starting from a low of ₹53.53 and reaching a high near ₹55.69.
 

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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