New Launch24 Mar 2026, 04:09 pm
Gujarat Apollo Industries Ltd Receives Trading Approval for 11,70,000 Equity Shares
AI Summary
Gujarat Apollo Industries Limited (the 'Company') has received trading approval from the National Stock Exchange of India Limited (NSE) and BSE Limited for 11,70,000 equity shares of face value Rs. 10/- each. These shares were issued under Preferential Allotment pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The trading of these shares is now permitted on the exchange(s) from March 24, 2026, subject to compliance with lock-in provisions under Regulation 167 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable regulations.
Key Highlights
- Gujarat Apollo Industries Ltd has received trading approval for 11,70,000 equity shares from NSE and BSE.
- The shares were issued under Preferential Allotment pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The trading of these shares will commence on the exchange(s) from March 24, 2026.
- The approval is subject to compliance with lock-in provisions under Regulation 167 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable regulations.
Price Impact
More from GUJAPOLLO