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.
Analysis Scores
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