Gujarat Apollo Industries Ltd

Dematerialisation processing and listing confirmation

• Securities received from depository participants for dematerialisation were confirmed to depositories (accepted/rejected).
• Securities dematerialised have been listed on the stock exchanges where the existing issued securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification, with depository name substituted as registered owner.

AGM Details

• Date: 28 September 2026
• Time: 11:00 A.M.
• Mode: Remote e-voting and ballot at AGM

Resolutions and outcomes

• Resolution 1: Adopt financial statements; passed 95.11% in favour.
• Resolution 2: Final dividend of Rs 2 per share; passed 95.11% in favour.
• Resolution 3: Re-appoint Asit A. Patel as Director; passed 100% in favour.
• Resolution 4: Re-appoint Asit A. Patel as Chairman and MD; passed 95.11% in favour.
• Resolution 5: Approve sale/disinvestment in Credo Advanced Chemicals Limited; passed 95.11% in favour.

Dividend

• Final dividend: Rs 2 per equity share

Director changes

• Asit A. Patel re-appointed as Director (retiring by rotation).
• Asit A. Patel re-appointed as Chairman and Managing Director.

Other material approvals

• Sale/disinvestment in Credo Advanced Chemicals Limited approved.

AGM details

• AGM on 28 September 2026 at 11:00 A.M.; registered office; in-person.
• Remote e-voting facility provided; poll ballots used for remaining votes.
• 40 members present in person.

Key resolutions

• Adopt standalone and consolidated financial statements with reports.
• Declare dividend at Rs 2 per share.
• Reappoint Asit A. Patel as Director.
• Reappoint Asit A. Patel as Chairman and Managing Director.
• Approve sale/disinvestment in Credo Advanced Chemicals Limited.

Dividend

• Dividend to be declared at Rs 2 per share.

Directors and officers

• Asit A. Patel reappointed as Director.
• Asit A. Patel reappointed as Chairman Cum Managing Director.

Auditors

• Statutory Auditor represented by MAAK & Associates; Scrutinizer appointed.
• Secretarial Auditor present; report read.

Material approvals / related party

• Approval for sale/disinvestment in Credo Advanced Chemicals Limited.

Voting results

• Results to be published on website within two working days.
• Outcomes not disclosed in the filing.

AGM & governance actions

• Approved 39th AGM notice; AGM on 28 Sep 2026 at 11:00 AM, physical mode.
• Record date fixed for dividend and AGM: 21 September 2026.
• Appointed Ashish Shah as scrutinizer for remote voting and ballot at AGM.

Credo stake sale details

• Approved in-principle sale of Credo Advanced Chemicals stake to Naman Patel for ₹37.63 crore.
• Sale is subject to AGM approval and terms of the Sale Purchase Agreement.
• Date of sale agreement: 03/09/2026.
• Expected completion within 90 days of shareholder approval.
• Buyer: M. Naman Madhav Patel; non-related party.
• Not a related party transaction; arm's length unspecified.
• Sale outside Scheme of Arrangement; Regulation 37A compliance at AGM.
• Credo's last year turnover/net worth contribution: 7.92%.

CMD Reappointment & Remuneration

• Re-appointment Asit A. Patel as CMD for 3 years from 01.09.2026, subject to AGM approval.
• Remuneration approved for Asit A. Patel as CMD for 3 years from 01.09.2026, subject to AGM approval.

Aryan Patel Appointment

• Appointment of Aryan A. Patel as Manager-Technical and Senior Manager (Executive-Business Development) from 01.10.2026, subject to AGM approval.
• Brief profile: Aryan Patel, son of Anand A. Patel; MS Stanford, BS Wisconsin-Madison; tech entrepreneur.

Road construction equipment launch

• Commences manufacturing and sale of road construction equipment.
• Products include Asphalt Mixing Plant and Paver Finisher.
• Announcement dated 14 August 2026.

Financials

• Standalone total income ₹1,167.97 lakh; PAT ₹37.81 lakh; EPS ₹0.29; quarter ended 30 Jun 2026.
• Consolidated total income ₹1,747.28 lakh; PAT ₹97.49 lakh; EPS ₹0.62; quarter ended 30 Jun 2026.

Board approval & regulatory notes

• Board approved unaudited standalone and consolidated results for quarter ended 30 Jun 2026 on 14 Aug 2026.
• Results prepared under Ind AS 34; SEBI LODR compliant.
• Previous period figures reclassified/regrouped as needed.

Business & operations

• Company operates in a single segment: construction and mining machinery and spare parts.

Audit & subsidiaries

• Limited review conducted by M A K & Associates; no audit opinion issued.
• Consolidated results include subsidiaries AEML Investments Limited, Apollo FBC Crushing Equipment's Limited, PFH Agri Equipment India Pvt Ltd.

Financial results

• Unaudited standalone and consolidated results for quarter ended 30 June 2026 approved; limited review reports noted.

Governance disclosures

• Director's Report, Secretarial Audit Report, MD&A, and Corporate Governance Report approved for year ended 31 March 2026.

Remuneration and appointments

• Remuneration for Asit A. Patel as CMD approved, 3-year term, w.e.f. 01.09.2026.
• Re-appointment of Asit A. Patel as CMD for 3 years from 01.09.2026.
• Appointed Aryan A. Patel as Executive-Business Development from 01.10.2026; related party.

Regulatory disclosures

• Disclosures pursuant to SEBI Master Circular Annexures A and B attached.

New business undertaking

• Entered road construction equipment business; manufactured Asphalt Mixing Plant and Paver Finisher.

Meeting Details

• Board meeting on Friday, August 14, 2026 at 4:30 PM at Ahmedabad Corporate Office.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for quarter ended June 30, 2026.
• Adopt the Limited Review Report on Standalone and Consolidated Unaudited Results for quarter ended June 30, 2026.
• Any other matter with the permission of the Chair.

Other Notes

• Trading window closed from July 1, 2026 to August 16, 2026 for designated persons and their immediate relatives.