Gujarat Apollo Industries announced that its wholly owned subsidiary AEML Investments (formerly known as Apollo Earthmovers) (AEML) has entered into a Share Purchase Agreement on 07 December 2024 with the shareholders of the company, Fieldtrack Earthmovers (FEPL) for purchasing 100% equity shares of a face value of Rs 10/- in a phased manner at an aggregate consideration of not exceeding Rs 49 lakh. AEML shall constitute 100% of the issued and paid up share capital of FEPL upon completion of the full subscription. FEPL is based in Mehsana district of Gujarat State and is manufacturing agricultural equipment and related machinery such as Mini Tractors (15 hp to 25 hp) and related attachments.Powered by Capital Market - Live News

Net profit of Gujarat Apollo Industries declined 8.06% to Rs 4.79 crore in the quarter ended September 2024 as against Rs 5.21 crore during the previous quarter ended September 2023. Sales declined 42.78% to Rs 9.83 crore in the quarter ended September 2024 as against Rs 17.18 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales9.8317.18 -43 OPM %-11.90-5.59 - PBDT6.246.12 2 PBT5.064.90 3 NP4.795.21 -8 Powered by Capital Market - Live News

Gujarat Apollo Industries will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live News

Gujarat Apollo Industries announced that the 37th Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live News

Gujarat Apollo Industries announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 21 September 2024 .Powered by Capital Market - Live News