Apollo Pipes Board approved a ₹189.10 Crore preferential issuance of 31 lakh warrants to non-promoters. It also approved a ₹300 Crore investment for a tiles and ceramics subsidiary.
Apollo Pipes Limited submitted a Monitoring Agency Report for the quarter ended March 31, 2026, regarding its ₹110 Crore preferential issue of warrants. The report confirms ₹27.50 Crore has been utilized towards capital expenditure and working capital. No deviations were observed, and the remaining ₹82.50 Crore is yet to be received from the allottee.
