|Buyback Dates||08 Apr 2021 - 26 Apr 2021|
|Record Date||26 Feb 2021|
|Approval Date||13 Feb 2021|
|Public Announcement||13 Feb 2021|
|Buyback Offer||Rs.19.13 crores|
|Buyback Offer Size||6.81%|
|Number of Shares||861915|
|Buyback Type||Tender Offer|
Gujarat Appollo is India’s well respected manufacturer of high quality crushing and screening equipment. Gujarat Apollo Industries Ltd. hails from Mehsana district of Gujarat and is the flagship company of Apollo group of Industries. Established around 50 years ago, Apollo group has catered the Earthmoving industry in India and abroad with its high quality products and world class after sales services.
With the equipment technology being refined through years of experience, as a part of continuous improvement of product and processes, Gujarat Apollo continues to provide state of the art and technically savvy crushing and screening solutions serving industries like quarries, mining, construction and recycling.
This is backed by a strong team of after sales service engineers offering the best level of comfort to the customers on product life support. With the widest range of equipment offered Integrated Static and Mobile Crushing & Screening solutions and other Allied Equipment along with main business verticals for over four decades unlocking value proposition with ethics and integrity.
Gujarat Apollo is renowned as the pioneer of several construction technology especially Asphalt road construction equipment, which had a modest beginning with a technical agreement with Baber Greene Inc., USA in 1987 and was transformed into a Indo-Swiss joint venture called AMMANN India Pvt. Ltd. which is a leading manufacturer and exporter of complete range of Asphalt Road construction equipment and is renowned for its customer loyalty and innovation.
Entitlement Ratio of Buyback for Reserved Category for Small Shareholders is 23 Equity Shares out of every 168 fully paid-up Equity Shares held on the Record Date and
1 Equity Shares out of every 16 Equity Shares held on the Record Date for General Category for all other Eligible Shareholders
The Record Date for Gujarat Apollo Industries Limited Buyback is 26 Feb 2021.
The Gujarat Apollo Industries Limited Buyback will open on 08 Apr 2021 and closes on 26 Apr 2021.
The Buyback price of Gujarat Apollo Industries Limited is Rs.222.
The Buyback Type of Gujarat Apollo Industries Limited is Tender Offer.