Company Update

Automobile Products of India Limited has been fined 0.15 Cr by BSE for non-compliance with minimum public shareholding requirements during the period from January 1, 2026, to May 7, 2026. The company recently completed a Rights Issue, and as a result, its promoter shareholding now stands at 65.64%. This adjustment ensures the company is currently compliant with public shareholding norms, addressing the previous issue.