APL Apollo Tubes has informed that the board of directors of the company at its meeting held on June 21, 2012, has allotted 6,41,953 fully paid-up equity shares of Rs. 10 each of the company to APL Infrastructure Private Limited, a promoter group entity on conversion of 6,41,953 warrants out of 16,41,953 warrants issued earlier at a price of Rs. 176 each.
The above information is a part of company's filings submitted to BSE.