
Board Meeting3 Sept 2026, 04:27 pm
Gujarat Apollo Approves AGM, Dividend Record Date, and Divestment
AI Summary
Gujarat Apollo Industries Ltd announced outcomes of its Board Meeting. The board approved the notice for the 39th Annual General Meeting (AGM) scheduled for September 28, 2026. A record date of September 21, 2026, was fixed for dividend payment and AGM purposes. The company also in-principle approved the sale of its investment in Credo Advanced Chemicals Limited for ₹37.63 crore, subject to shareholder approval. Mr. Ashish Shah was appointed as the scrutinizer for the remote e-voting and ballot process at the AGM.
Key Highlights
- AGM scheduled for September 28, 2026.
- Record date set for September 21, 2026, for dividend and AGM.
- In-principle approval for sale of Credo Advanced Chemicals investment.
- Sale consideration for Credo Advanced Chemicals is ₹37.63 crore.
- Scrutinizer appointed for e-voting and ballot process.
Price Impact
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