BSECompany Update1d ago · 23 Jul 2026, 08:10 pm
Announcement under Regulation 30 of SEBI (LODR) 2015 - for Leavy of Fine
Automobile Products of India Ltd · 505032
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Automobile Products of India Ltd has received a fine of Rs. 14,98,600 from BSE for non-compliance with minimum public shareholding requirements. The company has allotted equity shares through a rights issue on April 28, 2026, but the promoter shareholding remains below the prescribed threshold of 75%.
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Automobile Products of India Ltd - 505032 - Announcement Under Regulation 30 Of SEBI (LODR), 2015 - Update
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Automobile Products of India Limited
July 23, 2026
The General Manager
Corporate Relations Department
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai – 400 001
BSE Scrip Code: 505032
Dear Sir/ Madam,
Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI (LODR)’) – Update
Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), this is to inform that the
Company has received an email dated July 23, 2026 from BSE Limited (Stock Exchange) informing the
Company for levy of Fine of Rs. 14,98,600/- (inclusive of GST) for the period of January 01, 2026 to
May 07, 2026 for non-compliance with minimum public shareholding requirements in terms of
Regulation 38 of Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
Further, the Company allotted equity shares pursuant to the Rights Issue on 28th April 2026. Following
the allotment, the promoter shareholding stood at 65.64%, which remains below the prescribed
threshold of 75%. Accordingly, the Company continues to comply with the Minimum Public
Shareholding (MPS) requirements under Regulation 38 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
This is for your information and records.
Thanking you,
Yours faithfully,
For Automobile Products of India Limited
Ankit Patel
Company Secretary & Compliance Officer
CIN No.: L34103MH1949PLC326977
Regd. Off.: Unit No. F-1, 1st Floor, Shanti Nagar Co-operative Industrial Estate Ltd, Vakola,
Santacruz (East), Mumbai - 400 055. Tel.: +91-22-2665 4802
Website: www.apimumbai.com Email: cs1@apimumbai.com