ALPHA TRIBE

Apollo Pipes LimitedBoard Meeting, 07-08-2025: Outcome of Board Meeting

07-08-2025 | 06:33 pm

Apollo Pipes' board has approved the consolidated financial results for the quarter ended June 30, 2025. Consolidated revenue stood at Rs 275.00 Cr, with net profit at Rs 8.16 Cr.

The company re-appointed Mr. Arun Agarwal as Joint Managing Director for another three years, subject to shareholder approval. It also approved the appointment of AKGVG & Associates as new Statutory Auditors, along with new Secretarial, Cost, and Internal Auditors. Strategically, Apollo Pipes increased its stake in Kisan Mouldings by 1% for Rs 4.95 Cr, taking its holding to 58.6%. The company also noted the allotment of warrants worth Rs 110.0 Cr, with Rs 27.50 Cr already received.

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