AUTOMOBILE PRODUCTS OF INDIA LTD.

Automobile Products of India Limited has released its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results at a meeting held on May 19, 2026. The statutory auditor has issued an unmodified opinion on the financial results. The company's management and board are responsible for the preparation of the financial results in accordance with Indian Accounting Standards and Regulation 33 of the Listing Regulations. The auditor has drawn attention to the note regarding the preparation of financial results on a going concern basis, with the Holding Company assuring financial support.

Automobile Products of India Limited approved the audited financial results for the quarter and year ended March 31, 2026, during its board meeting held on May 19, 2026. The statutory auditor issued an unmodified opinion on the financial results. The board meeting commenced at 05:00 p.m. and concluded at 06:00 p.m. IST. The company has also uploaded the information on its website.

Mrigashish Investment & Trading Company, along with PACs, acquired shares of Automobile Products of India Limited through a rights issue. The acquisition resulted in Mrigashish Investment's holding increasing to 17.68% of the total diluted share/voting capital. The acquisition date is April 28, 2026, and the post-acquisition equity share capital is ₹62,17,071.

Automobile Products of India Ltd has scheduled a Board of Directors meeting on May 19, 2026, to consider and approve the Audited Financial Results for the quarter and financial year ended March 31, 2026. The results will be available on the company's website.

Mrigashish Investment & Trading Company Pvt Ltd, along with PACs, acquired additional equity shares of Automobile Products of India Limited through a rights issue. This acquisition, dated April 28, 2026, increased their shareholding to 1,099,164 shares, representing 17.68% of the total share/voting capital. The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Indra Kumar Bagri, along with Persons Acting in Concert (PACs) Seema Pugalia and Manjari Bagri, have increased their shareholding in Automobile Products of India Ltd. The acquisition, disclosed under Regulation 29(1) of SEBI (SAST) Regulations, 2011, involved the acquisition of shares, resulting in a change in the total share capital of the company. Indra Kumar Bagri's holding increased to 4.89%, Seema Pugalia's to 0.1220%, and Manjari Bagri's to 0.0731%. The total holding of the acquirer and PACs after the acquisition is 5.09%.

Automobile Products of India Ltd's Rights Issue, which opened on April 15, 2026, and closed on April 24, 2026, was significantly oversubscribed by 501.96%. The company received ₹70,24,550 on application. Following the finalization of the allotment basis, the Board of Directors approved the allotment of 1,399,415 fully paid-up equity shares at an issue price of ₹1/- per share on April 28, 2026. This allotment increases the company's post-issue paid-up share capital to ₹62,17,071/-.

Automobile Products of India Ltd (APIL) has dispatched the Letter of Offer and issue materials for its Rights Issue to all eligible equity shareholders as of the Record Date, April 09, 2026. The issue involves offering up to 1,400,000 fully paid-up equity shares of face value ₹1 each, at an issue price of ₹1 per share, aggregating ₹14,00,000. The rights are offered to public shareholders in the ratio of 19 equity shares for every 10 fully paid-up equity shares held. The company has also submitted the Letter of Offer to SEBI and received 'in-principle' approvals from BSE for listing the equity shares to be allotted.

Automobile Products of India Ltd has approved the terms of a rights issue of equity shares worth ₹14,00,000. The rights issue will open on April 15, 2026, and close on April 24, 2026. The record date for the purpose of determining the equity shareholders entitled to receive the rights entitlement is April 9, 2026. The rights entitlement ratio is 19:10, and the rights issue price is ₹ 1/- per Equity Share. The company will call 100% of the issue price on the application stage itself.

Automobile Products of India Ltd (APIL) has announced April 09, 2026 as the Record Date for determining the equity shareholders eligible to receive the Rights Entitlement in the proposed Rights Issue of equity shares worth ₹14,00,000. This decision was made in a Board meeting held on April 03, 2026, following the earlier approval of the Rights Issue in a meeting on February 09, 2026.