Apollo Pipes Limited — Others, 27-01-2025: Appointment

Apollo Pipes Limited’s Board has confirmed the re-appointment of Mr. Sameer Gupta as Chairman and Managing Director for five years starting April 1, 2025, alongside Mr. Abhilash Lal as an Independent Director for a similar term from March 22, 2025. The company has also appointed Mr. Gourab Kumar Nayak as Company Secretary and Mr. Parinam V Ravi Kumar as Business Head. Additionally, a preferential issue of 20,00,000 Fully Convertible Warrants has been approved, targeting Rs. 110 crore at an issue price of Rs. 550 each. This capital raise could enhance operational liquidity and expand investor confidence, suggesting a positive outlook for future growth.