Gujarat Apollo Industries Limited has informed the Exchange regarding 'Receipt of Trading Approval'.
GUJAPOLLO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gujarat Apollo Industries has received trading approval from both NSE and BSE for 11,70,000 equity shares (face value Rs. 10 each) that were allotted on a preferential basis. These newly issued shares will be permitted to trade on the exchanges with effect from March 24, 2026. The approval is subject to compliance with lock-in provisions under Regulation 167 of SEBI's ICDR Regulations, 2018. This is a routine regulatory disclosure under Regulation 30 of the SEBI Listing Regulations.
Existing shareholders may experience marginal dilution as these 11.7 lakh new shares enter the tradable float, though lock-in restrictions should limit immediate supply pressure on the stock price.