APIL Fined Rs. 10,85,600 by BSE for Non-Compliance with Minimum Public Shareholding Requirements

Automobile Products of India Ltd. (APIL) has received an email from BSE Limited on February 19, 2026, informing the company about a fine of Rs. 10,85,600 (inclusive of GST) for non-compliance with minimum public shareholding requirements. The non-compliance was for the period of October 01, 2025, to December 31, 2025, as per Regulation 38 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. APIL is currently in the process of complying with the minimum public shareholding requirements at the earliest.