Apollo Techno Industries Limited held a Board of Directors meeting on August 31, 2026, to approve the notice for its 10th Annual General Meeting (AGM) and accept the resignation of its Chief Financial Officer.

The meeting commenced at 6:00 pm and concluded at 6:45 pm. The Board transacted several key items, including the approval of the Director's Report along with all annexures for FY26, which will be placed before members for adoption at the ensuing AGM.

CFO Resignation Accepted

The Board accepted the resignation of Mr. Maulikkumar Rameshbhai Bhatt from the position of Chief Financial Officer (CFO) and Key Managerial Personnel. The resignation is effective from August 31, 2025.

Mr. Bhatt had cited personal reasons for his departure. The Managing Director, Parth Rashmikant Patel, confirmed the acceptance. The company stated it would submit the necessary forms to the Registrar of Companies to record the change in key managerial personnel. No replacement was announced in the filing.

AGM Details Approved

The Board fixed the cut-off date for shareholders to cast their votes electronically at the 10th AGM as September 18, 2026. Additionally, Mr. Dixit Dipakkumar Shah, Proprietor of M/S. Dixit Shah & Associates, was appointed as the scrutinizer for the meeting.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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