APL Apollo Tubes Limited — Others, 24-07-2025: Change in Director(s)

APL Apollo Tubes' board has approved the financial results for the quarter ended June 30, 2025. Key leadership changes include the appointment of Shri Chakram Kumar Singh as Whole Time Director and COO for five years, and Shri Dukhabandhu Rath and Shri Rakesh Sharma as Independent Directors for three years each. Additionally, the company terminated its 2015 employee stock option scheme and approved a new APL Apollo Tubes Employees Stock Option Plan 2025. This new plan involves 50 lakh (5 Cr) options, which will be implemented through a trust acquiring shares from the open market, pending shareholder approval. These moves aim to strengthen governance and align employee incentives.