Apollo Techno Industries has accepted the resignation of Mr. Maulikkumar Rameshbhai Bhatt as Chief Financial Officer and Key Managerial Personnel. His tenure ends on August 31, 2026.

The company disclosed the development in a filing with the Bombay Stock Exchange under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Bhatt cited personal reasons for his departure. He submitted his resignation letter to the Board of Directors on August 31, 2026, requesting relief from his responsibilities with effect from the close of business hours on that date.

The Managing Director, Parth Rashmikant Patel, confirmed the acceptance of the resignation. The company stated it would submit the necessary forms to the Registrar of Companies to record the change in key managerial personnel.

The disclosure included Annexure-I detailing the cessation of Mr. Bhatt’s role. No replacement was announced in the filing.

Apollo Techno Industries Limited announced the launch of its new soil testing rig, the Apollo ST 300, on July 16, 2026. The product is designed to enhance the company's revenue and diversify its income sources within the domestic market. The launch was disclosed to the Bombay Stock Exchange under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Apollo ST 300 is engineered for soil investigation and geotechnical applications. It is powered by an 80 HP, 4-cylinder turbocharged diesel engine with a maximum speed of 2200 rpm. The rig features a heavy-duty hydraulic system, a high-torque rotary head, and a compact steel-track undercarriage to ensure stability and mobility in confined job sites.

Parth Rashmikant Patel, Managing Director of Apollo Techno Industries Limited, stated that the launch reflects the company's commitment to innovation in the machinery sector. He noted that the rig is built for durability, precision, and low maintenance, making it suitable for geotechnical consultants, infrastructure developers, and construction companies.

The technical specifications of the rig include a maximum torque of 230 Nm at 1800 rpm and a weight of 3020 kg. The machine measures 5150 mm in length, 1670 mm in width, and 2220 mm in height. It is equipped with a high-capacity mud pump offering a flow of 100 LPM and a pressure of 600 PSI.

Key Technical Specifications