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APL Apollo Tubes informs about financial results

26 Oct 2026 Evaluate
In terms of Regulation 30 read with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI-LODR), APL Apollo Tubes has informed that the Board of Directors of the Company in its meeting held today i.e., Monday, October 26, 2026, which commenced at 11:00 AM and concluded at 12:15 PM, transacted following transaction: 1. Approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended September 30, 2026, 2. Approved the acquisition of an additional 31% equity stake, comprising 15,500 equity shares of ?10 each, in SG Enterprise Solutions Private Limited (SSC) for an aggregate cash consideration of ?1,55,000 (Rupees One Lakh Fifty-Five Thousand only). Upon completion of the acquisition, the Company’s equity shareholding in SSC will increase from 20% to 51%, consequent to which SSC will become a subsidiary of the Company.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
JSW Steel 1257.55
Tata Steel 169.80
Steel Authority 169.90
Jindal Stainless 689.15
APL Apollo Tubes 2067.70
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