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Apis India LtdImportant, 13-10-2025: Company Update

13-10-2025 | 04:46 pm

Apis India Limited has announced that its Board of Directors has proposed a significant bonus share issue in a 24:1 ratio, meaning 24 new equity shares for every one held. This move, which will capitalize free reserves, aims to reward shareholders and expand the company's equity base. To facilitate this, the board also proposed increasing the authorized share capital from Rs. 13.30 crore to Rs. 140.00 crore. Both proposals require shareholder approval via postal ballot. The necessary free reserves, approximately Rs. 132.24 crore, are available for this bonus. Bonus shares are expected to be credited within two months.

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