In accordance with Regulation 30 of Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations, 2015’), Apollo Pipes has informed that the Finance Committee of the Board of Directors of the Company in their meeting held today April 11, 2024, has considered and approved the allotment of 20,00,000 Equity Shares of Face Value of Rs 10 each, pursuant to conversion of 20,00,000 Fully Convertible Warrants (‘Warrants’), allotted on May 10, 2023, at an issue price of Rs 550 each. The details of allotment are enclosed. Consequent to the said allotment, the Paid-up Equity Share Capital of the Company stands increased to Rs 41,35,32,060 divided into 4,13,53,206 Equity Shares of face value Rs 10 each. The new equity shares issued shall rank with the existing equity shares of the Company. The meeting of the Finance Committee of the Board of Directors commenced at 10:00 am and concluded at 11:30 am.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3705.80 |
| Astral | 1612.85 |
| Finolex Inds | 174.70 |
| Nilkamal | 1320.05 |
| Jain Irrigation Sys | 33.05 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: