Apollo Ingredients Faces BSE Warning for Late Filing
BSE issued a warning letter to Apollo Ingredients Limited, formerly Indsoya Ltd, on May 7, 2026, over a significant delay in filing its name change application. This action addresses the company's non-compliance with SEBI's Listing Obligations and Disclosure Requirements (LODR).
Apollo Ingredients Limited attributed the delay to procedural matters connected to its Rights Issue, which concluded in August 2025. The company has since resubmitted the required application to the exchange.
As a result of the delay, the Bombay Stock Exchange (BSE) will report this non-compliance to the Securities and Exchange Board of India (SEBI). The exchange also advised the company to implement greater caution to prevent future filing lapses.
The company's name officially changed from Indsoya Ltd to Apollo Ingredients Limited following approval from the Registrar of Companies (ROC) on November 23, 2023.
Looking ahead, investors will monitor SEBI's response to this matter and Apollo Ingredients Limited's commitment to timely regulatory filings.
