Gujarat Apollo Industries Limited informed about the sudden and sad demise of Mr. Manibhai Virchanddas Patel, Promoter, Non-Executive, Non Independent Director of the Company, on February 26, 2024. Mr. Patel was one of the Founder & pioneer of the Company and played crucial leadership roles through his long career at Apollo group. Mr. Patel incorporated this Company in the year 1986.

He was one of the founder promoters and was appointed on the Board of the Company on 7 October, 1986. The Company immensely benefited from his vision and leadership during his tenure. Mr. Patel's unexpected passing away will be an irreparable loss to the Company.

All the Directors and employees of the Company convey deep sympathy, sorrow and condolences to his family.