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Apollo Pipes Limited has announced a board meeting on January 27, 2025, for a postal ballot to seek shareholder approval for key resolutions. This includes the re-appointment of Sameer Gupta as Chairman and Managing Director for five years from April 1, 2025, with a proposed annual salary of ₹1.8 Crore. Additionally, Abhilash Lal is proposed for re-appointment as an Independent Director for another five-year term. The company aims to increase its authorized share capital from ₹45 Crore to ₹50 Crore and to issue up to 20 lakh Fully Convertible Warrants for non-promoter investors at ₹550 per warrant, potentially raising ₹110 Crore. This strategic move could enhance capital for growth initiatives, reflecting positively on the company's outlook as it seeks to bolster operational capabilities and investor confidence.