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APL Apollo Tubes allots equity shares

22 Jun 2012 Evaluate
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.

Peers
Company Name CMP
JSW Steel 1354.00
Tata Steel 189.50
Steel Authority 170.80
Jindal Stainless 704.45
APL Apollo Tubes 2186.95
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