Apollo Pipes Limited — QIP/Rights/Pref., 31-08-2026: Preferential issue

Apollo Pipes will raise ₹189.10 Cr by issuing 31 lakh warrants at ₹610 each to non-promoter investors. These warrants convert to shares within 18 months. This fundraise supports the company's strategic entry into the tiles and ceramics business, with an overall investment plan of up to ₹300 Cr.