Apollo Pipes has informed that the Finance Committee of the Board of Directors of the Company, at their meeting held today, April 23, 2025, has, considered and approved the Allotment of 20,00,000 Fully Convertible Warrants (‘Warrant’) to persons belonging to Non Promoter Category carrying a right to subscribe to one Equity Share per Warrants, for cash of face value of Rs 10 each at an issue price of Rs 550 per warrant on preferential basis upon receipt of 25% of issue price from the following allottee in accordance with the provisions of SEBI (ICDR) Regulations, 2018.
The above information is a part of company’s filings submitted to BSE.