Apollo Pipes Limited (APOLLOPIPE)
Outcome of Board Meeting held on August 31, 2026.
Board approved up to ₹300 Cr investment to enter tiles and ceramics via new subsidiary. Approved issuance of up to 31 lakh warrants at ₹610 each to non-promoter investors, aggregating ₹189.1 Cr, subject to shareholder approval. Authorized share capital to increase from ₹50 Cr to ₹60 Cr for warrant conversion. Warrants convertible within 18 months. Board delegated MDs authority for subsidiary setup and investment timing.
Source: Original filing PDF
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🚨 APOLLOPIPE — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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