APL Apollo Tubes has allotted 750 rated, secured, redeemable, non-cumulative, taxable non-convertible debentures (NCDs) having face value of Rs 10,00,000 each at par on a private placement basis aggregating to Rs 75 crore to HDFC Asset Management Company. The board of directors at their meeting held on September 28, 2015 has taken the note of it.
APL Apollo Tubes is a leading manufacturer and exporter of Steel Pipes & Tubes, Aluminised Steel Tubes, Black Steel Tubes, Hot Dipped & Pre Galvanised Steel Tubes, Fence Tubes and Structural Steel.
