Disclosure under Regulation 30 of SEBI (LODR), Regulations, 2015 is enclosed.
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The Board of Directors of Apis India Ltd has approved the issue of bonus shares in a ratio of 24:1, meaning shareholders will receive 24 new equity shares for every 1 share they hold. The bonus will be issued by capitalizing free reserves and retained earnings of about Rs. 134 crore (as on March 31, 2025). The company's current paid-up equity share capital of Rs. 5.51 crore (55.10 lakh shares) will expand to about Rs. 137.75 crore (13.77 crore shares) post-bonus. The Board has also approved increasing the Authorised Share Capital from Rs. 13.30 crore to Rs. 140 crore and will seek shareholder approval via postal ballot. Bonus shares are expected to be credited by December 12, 2025, with the record date to be announced separately.
This is a highly rewarding event for existing shareholders — a 24:1 bonus means a massive increase in share count, which typically lowers the per-share price proportionally but increases liquidity and total holdings. Shareholders should watch for the record date announcement to confirm eligibility.