Apollo Pipes Limited — Others, 25-10-2024: Monitoring Agency Report

Apollo Pipes Limited announced the submission of its Statement of Deviation and Monitoring Agency Report for the quarter ended September 30, 2024. The report, prepared by CARE Ratings, confirms no deviations in the utilization of funds raised through a preferential issue amounting to ₹259.60 crore. The Audit Committee has approved the report, noting revisions in fund allocations for strategic investments and working capital, approved by shareholders on September 25, 2024.