APL Apollo Tubes Limited — QIP/Rights/Pref., 04-08-2025: Allotment of Securities

APL Apollo Tubes has allotted 1.11 lakh new equity shares (face value ₹2 each) to eligible employees who exercised their Stock Appreciation Rights. This is a standard incentive program, aligning employee interests with shareholders. Consequently, the company's paid-up equity share capital has increased from ₹55.50 Cr to ₹55.52 Cr. The total outstanding shares now stand at 27.76 Cr, a slight increase from 27.75 Cr. This minor share dilution supports employee retention.