Apis India Ltd — Major Shareholding Notification 2023

Jun 21, 2023

VIMAL ANAND 31/9, East Patel Nagar, New Delhi-110008

Date: June 20, 2023

To The General Manager, Dept. of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001

Ref: APIS India Limited (Target Company) Sub: Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011

Dear Sir,

I, Vimal Anand, Whole Time Director and a promoter of Apis India Limited, holding 9,62,533 equity shares constituting 17.47% of the total paid up equity share capital of the Apis India Limited (“the Company”).

Further, I would like to inform you that Hon’ble National Company Law Tribunal, New Delhi Bench at Delhi approved the Amalgamation of Apis Natural Products Private Limited (“Transferor Company No-1”) and Modern Herbals Private Limited (“Transferor Company No.2”) with Apis India Limited vide its order dated January 16, 2023 and being a shareholder of transferor Companies allotted 60,894 equity shares constituting 1.11% of total paid up equity shares capital of the company as per scheme approved by Hon’ble NCLT.

As a matter of abundant caution, I hereby submit Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 in connection with the above mentioned transaction of equity shares of Apis India Limited for your kind information and record.

Thanking you, Yours faithfully,

Digitally signed by VIMAL ANAND VIMAL ANAND Date: 2023.06.20 19:22:42 +05'30'

Vimal Anand

Copy to:

To, The Company Secretary, APIS India Limited 18/32, East Patel Nagar, New Delhi-110008 Email id: mail@apisindia.com

Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1. Name of the Target Company (TC)	APIS INDIA LIMITED	APIS INDIA LIMITED	APIS INDIA LIMITED
2. Name(s) of the acquirer and Persons	Mr. Vimal Anand
Acting in Concert (PAC) with the
acquirer
3. Whether the acquirer belongs to	Promoter
Promoter/Promoter group
4. Name(s) of the Stock Exchange(s)	BSE Ltd
where the shares of TC are Listed
5. Details of the acquisition /	Number	% w.r.t. total	% w.r.t. total
disposal/holding of shares/voting		share/voting	diluted
rights/holding of the Acquirer and		capital	share/voting
PAC		wherever	capital of the
		applicable	TC(*)
	60,894	1.11	1.11
Before the acquisition/disposal under
consideration, holding of:
a) Shares carrying voting rights	9,62,553	17.47	17.47
		NIL	NIL
b) Voting rights (VR) otherwise	NIL
than by shares
c) Warrants/convertible		NIL	NIL
securities/any other instrument that	NIL
entitles the acquirer to receive
shares carrying voting rights in the
T C (specify holding in each category)
Total (a+b+c)	9,62,553	17.47	17.47
Details of acquisition/sale
a) Shares carrying voting rights	60,894	1.11	1.11
acquired/sold
	NIL	NIL	NIL
b) VRs acquired /sold otherwise
than by shares
c) Warrants/convertible	NIL	NIL	NIL
securities/any other instrument

VIMAL ANAND Digitally signed by VIMAL ANAND Date: 2023.06.20 19:23:18 +05'30'

that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold
Total (a+b+c)	60,894	1.11	1.11
After the acquisition/sale, holding of: a) Shares carrying voting rights b) VRs otherwise than by shares c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition.
	10,23447	18.57	18.57
	NIL	NIL	NIL
	NIL	NIL	NIL
Total (a+b+c)	10,23,447	18.57	18.57
6. Mode of acquisition / sale (e.g. open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc).	The Acquisition is due to order vide dated January
	16, 2023 by Hon’ble NCLT, Delhi Bench at Delhi
	in respect of Amalgamation between Apis Natural
	Products Private Limited (“Transferor Co-1”),
	Modern Herbals Private Limited with Apis India
	Limited (“Transferee Company).
7. Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	June 20, 2023
8. Equity share capital / total voting capital of the TC before the said acquisition / sale	Rs. 55100760
9. Equity share capital/ total voting capital of the TC after the said acquisition / sale	Rs. 55100760
10. Total diluted share/voting capital of the TC after the said acquisition/sale.	5510076

(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

VIMAL Digitally signed by VIMAL ANAND ANAND Date: 2023.06.20 19:23:39 +05'30'

Signature of the seller / Authorised Signatory

Place: New Delhi

Date: June 20, 2023