APL Apollo Tubes allotted 22,379 equity shares of ₹2 face value under its Stock Appreciation Rights Scheme – 2019.
Post-allotment, paid-up equity share capital increased to ₹55,53,16,810 across 27,76,58,405 shares.
Shares allotted at exercise price of ₹2 each with NIL premium, ranking pari-passu with existing equity shares.