NSEDisclosure of material issue6 Oct 2026 · 6 Oct 2026, 05:53 pm

Disclosure of material issue

Gujarat Apollo Industries Limited · GUJAPOLLO

✦ AI SummaryDivestiture

Gujarat Apollo Industries Limited has completed the sale of its entire 17.92% shareholding in Credo Advanced Chemicals Limited for ₹37.63 crore.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Gujarat Apollo Industries Limited has informed regarding Disclosure of material issue

Attachments (1)

📄

GUJAPOLLO_06102026175312_GAILCorporateAnnouncement06102026.pdf

pdf

Download →
View document text
APOLLQO GUJARAT APOLLO INDUSTRIES LIMITED The Capital 2, 1403-1405, Science City Road, Sola, Ahmedabad-380 060, Gujarat, India. Tel. +91-79- 45025438, Email ID:cs@gapolio.net October 6, 2026 Corporate Relation Department Listing Compliance BSE Limited National Stock Exchange of India P.J. Towers, Dalal Street, Fort, Limited Mumbai - 400 001 Exchange Plaza, C-1, Block-G, Bandra Kurla Complex, Bandra (E), Mumbai ~ 400 051 Symbol: GUJAPOLLO; Security Code: Scrip Symbol: GUJAPOLLO 522217 Dear Sir/Madam, Sub: Corporate Announcement Re: Completion of Sale of Entire Shareholding in Credo Advanced Chemicals Limited This communication serves as an update regarding sale of investment of Gujarat Apollo Industries Limited ("the Company”). The Company hereby informs its shareholders and other stakeholders that it has today, 6 October 2026, executed and completed the sale of its entire shareholding comprising 1,34,40,000 equity shares of ¥10 each, representing 17.92% of the equity share capital of Credo Advanced Chemicals Limited ("CACL") (formerly known as Credo Mineral Industries Limited), an unlisted company. The shares have been sold for an aggregate consideration of ¥37,63,20,000/- (Rupees Thirty-Seven Crores Sixty-Three Lakhs and Twenty Thousand only). Accordingly, the Company no longer holds any shareholding in CACL. The transaction was completed pursuant to the approval granted by the Board of Directors at its meeting held on 3rd September, 2026, and the requisite approval of the shareholders by way of a special resolution under Section 180(1)(a) of the Companies Act, 2013 read with Regulation 37A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Deloitte Touche Tohmatsu India LLP acted as exclusive advisor to the Company for this transaction. You are requested to kindly take this important corporate announcement on record. Yours truly, For GUJARAT APOLLO INDUSTRIES LIMITED Neha Chikani Shah [M’ship No:A-25420] Company Secretary & Compliance Officer CIN: 145202GJ1986PLC009042 ¢ www.apollo.co.in e cs@gapollo.net o Tel:7228011811