Meeting Details

  • Date: Monday, 28th September, 2026
  • Type: 39th Annual General Meeting
  • Location: Registered Office of the Company at Block No. 486, 487, 488, Mouje Dholasan, Taluka and District: Mehsana - 382 732
  • Time: 11:00 A.M.
  • Shareholder Attendance: 7 Promoters/Promoter Group shareholders and 33 Public shareholders attended
  • Video Conferencing: No shareholders attended through video conferencing

Proposed Resolutions and Implications

1. Ordinary Resolution: To receive, consider and adopt Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026

2. Ordinary Resolution: To declare final dividend of ₹2 per equity share (20% of face value of ₹10) for FY2026

3. Ordinary Resolution: To appoint Mr. Asit A. Patel (DIN: 00093332) as Director who retires by rotation

4. Special Resolution: Re-Appointment of Mr. Asit A. Patel as Chairman Cum Managing Director

5. Special Resolution: Approval for Sale/Disinvestment in Credo Advanced Chemicals Limited

Voting Process and Methods

  • Remote e-voting facilitated by Central Depository Services (India) Limited (CDSL)
  • Poll voting at AGM venue for shareholders present who had not voted remotely
  • Scrutinizer: Ashish Shah, Practicing Company Secretary (FCS: 5974; COP: 4178)

Key Voting Outcomes

Overall Voting Participation

  • Total outstanding shares: 12,970,000
  • Total votes polled: 6,796,336 (52.40% of outstanding shares)

Resolution-wise Results

Resolution 1 (Ordinary - Financial Statements)

  • Votes in favour: 6,463,929 (95.11%)
  • Votes against: 332,407 (4.89%)
  • Invalid votes: Nil

Resolution 2 (Ordinary - Dividend Declaration)

  • Votes in favour: 6,463,929 (95.11%)
  • Votes against: 332,407 (4.89%)
  • Invalid votes: Nil

Resolution 3 (Ordinary - Director Appointment)

  • Votes in favour: 6,463,929 (95.11%)
  • Votes against: 332,407 (4.89%)
  • Invalid votes: Nil

Resolution 4 (Special - Chairman Cum MD Reappointment)

  • Votes in favour: 6,463,929 (95.11%)
  • Votes against: 332,407 (4.89%)
  • Invalid votes: Nil

Resolution 5 (Special - Credo Advanced Chemicals Disinvestment)

  • Votes in favour: 6,463,929 (95.11%)
  • Votes against: 332,407 (4.89%)
  • Invalid votes: Nil

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares held: 6,134,335
  • Votes polled: 5,420,921 (88.37% of shares held)
  • 100% voted in favour of all resolutions

Public Institutions

  • Shares held: 78,735
  • No votes polled

Public Non-Institutions

  • Shares held: 6,756,930
  • Votes polled: 1,375,415 (20.36% of shares held)
  • Votes in favour: 1,043,008 (75.83% of votes polled)
  • Votes against: 332,407 (24.17% of votes polled)

Special Resolution 5 - Public Shareholder Approval

Pursuant to SEBI Regulation 37A, the special resolution for disinvestment requires separate approval from public shareholders:

  • Total public shareholder votes: 1,270,415
  • Votes in favour: 938,008 (73.83%)
  • Votes against: 332,407 (26.17%)
  • Invalid votes: Nil
  • Resolution passed as votes in favour exceeded votes against

Scrutinizer's Role and Findings

  • Ashish Shah was appointed as Scrutinizer to scrutinize remote e-voting and poll at AGM venue
  • Verified votes cast "in favour" or "against" or "Invalid" based on reports from CDSL
  • Confirmed all resolutions were passed with requisite majority
  • Handed over all voting records to Chairman/Secretary of the Company

Compliance Confirmation

  • Compliance with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
  • Compliance with Section 109 of Companies Act, 2013 and Rule 21 of Companies (Management and Administration) Rules, 2014
  • Compliance with SEBI (LODR) Regulations, 2015 Regulation 44(3)
  • Compliance with SEBI Regulation 37A for special resolution requiring public shareholder approval

Additional Information

  • Results available on company website: www.apollo.co.in
  • Company CIN: L45202GJ1986PLC009042
  • Scrutinizer's report dated September 28, 2026, Ahmedabad