BSECompany Update1 Aug 2026 · 1 Aug 2026, 12:12 pm

Expansion in the Business with Pick and Carry Crane Update

Gujarat Apollo Industries Ltd · 522217

✦ AI Summary▲ PositiveExpansion

Gujarat Apollo Industries Ltd has announced an expansion into the manufacturing and sales of Pick and Carry Cranes, with the first unit manufactured, sold, and dispatched in July 2026. The company plans to expand its manufacturing capacity to 200 cranes per year in the next 2 years, with an estimated investment of approximately ₹9 crore.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Gujarat Apollo Industries Ltd - 522217 - Pick And Carry Crane Business: Update

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APOLLO 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@gapollo.net August 01, 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: Pick and Carry Crane Business: Update This communication serves as an update regarding an expansion in the business portfolio of Gujarat Apollo Industries Limited ("Company”). We are pleased to announce the update related to the Company's commencement into the manufacturing and sales of Pick and Carry Cranes. The Company manufactured, sold and dispatched the first Pick and Carry Crane in the month of July 2026. This marks the beginning of the Company's foray into the cranes business. We are committed to a seamless market entry and establishing a strong presence in this specialized domain. The manufacturing capacity will be expanded to 200 cranes per year in the next 2 years. Necessary details in pursuance to SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/1/3762/2026H0/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated July 11, 2023 and last updated on January 30, 2026 is mentioned below: fir. Particulars of Information Information provided by Management a) industry or area to which the new line of | Material handling equipment business belongs to; b) expected benefits; Revenue growth c) Estimated amount to be invested Working Capital Requirement of Approx. 9 Crore in upcoming 2 (Two) years You are requested to kindly take this important corporate announcement on record. Registered office: Block No.: 486,487, 488, Mouje Dholasan, Taluka & District Mehsana -382 732. Gujarat, India. CIN: L45202GJ1986PLC009042 @ www.apollo.co.in ® cs@gapollo.net @ Tel:7228011811 APOLLO 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@gapollo.net Yours truly, For GUJARAT ANAND ANILBHAI RiALNUMBER ¢ 1o PATEL gimiicinto ANAND A PATEL [DIN:00002277] DIRECTOR Registered office: Block No.: 486,487, 488, Mouje Dholasan, Taluka & District Mehsana -382 732. Gujarat, India. CIN: L45202GJ1986PLCO09042 @ www.apollo.co.in ® cs@gapollo.net ® Tel:7228011811