Gujarat Apollo Industries Ltd. announced that at the SBM held on August 11, 2012, the Board of Directors recommend the dividend of INR 2.5 per share for the financial year 2011-12.

The Board of Directors accepted resignation given by Mr. Ajitkumar T. Patel, Whole-Time Director of the company, consequently he ceased to be Director of the company from August 11, 2012.