Event Details

The 40th Annual General Meeting of Apollo Pipes Limited was held on Tuesday, August 4, 2026, at 11:00 A.M. through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in compliance with Companies Act, 2013 and SEBI regulations, including reference to MCA Circulars 14/2020, 17/2020, and the latest Circular 03/2025 dated September 22, 2025.

Attendees

Directors Present:

  • Mr. Sameer Gupta (Managing Director, chaired the meeting)
  • Mr. Arun Agarwal (Joint Managing Director)
  • Mr. Abhilash Lal (Independent Director, Audit Committee Chairman)
  • Ms. Neeru Abrol (Independent Director, NRC and SR Committee Chairperson)
  • Mr. Pradeep Kumar Jain (Independent Director)

Other Attendees:

  • Mr. Ajay Kumar Jain (Chief Financial Officer)
  • Mr. Gourab Kumar Nayak (Company Secretary and Compliance Officer)
  • Mr. Gaurav Gandhi (Representative of Statutory Auditors AKGVG & Associates)
  • Ms. Anjali Yadav (Proprietor of Secretarial Auditors Anjali Yadav & Associates)
  • Mr. Jatin Gupta (Scrutinizer)

Resolutions Considered and Voting Results

Ordinary Business

1. Adoption of Financial Statements: Ordinary Resolution to adopt Standalone & Consolidated Audited Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors - PASSED

  • Total votes polled: 24,643,742 shares (55.9472% of outstanding shares)
  • Votes in favor: 24,643,726 (100% of votes polled)
  • Votes against: 16 (0.0001% of votes polled)

2. Final Dividend Declaration: Ordinary Resolution to declare final dividend of ₹0.70 per equity share (7%) for FY ended March 31, 2026 - PASSED

  • Total votes polled: 24,643,742 shares (55.9472% of outstanding shares)
  • Votes in favor: 24,643,726 (100% of votes polled)
  • Votes against: 16 (0.0001% of votes polled)

3. Director Re-appointment: Ordinary Resolution for re-appointment of Mr. Sameer Gupta (DIN: 00005209) who retired by rotation - PASSED

  • Total votes polled: 24,643,742 shares (55.9472% of outstanding shares)
  • Votes in favor: 24,643,726 (100% of votes polled)
  • Votes against: 16 (0.0001% of votes polled)

Special Business

4. Cost Auditor Remuneration: Ordinary Resolution for ratification of remuneration payable to Cost Auditors for FY 2026-27 - PASSED

  • Total votes polled: 24,643,742 shares (55.9472% of outstanding shares)
  • Votes in favor: 24,643,726 (100% of votes polled)
  • Votes against: 16 (0.0001% of votes polled)

5. Director Appointment: Ordinary Resolution for appointment of Mr. Sanjay Gupta (DIN: 00233188) as Director (Non-Executive Category) and Chairman - PASSED

  • Total votes polled: 24,643,742 shares (55.9472% of outstanding shares)
  • Votes in favor: 24,643,717 (100% of votes polled)
  • Votes against: 25 (0.0001% of votes polled)

6. Related Party Transactions: Ordinary Resolution to approve material related party transactions with subsidiary Kisan Mouldings Limited - PASSED

  • Promoter group abstained from voting (interested party)
  • Total valid votes polled: 9,718,785 shares (22.0640% of outstanding shares)
  • 76,129 votes from related party shareholders excluded as invalid
  • Votes in favor: 9,718,761 (99.9998% of valid votes)
  • Votes against: 24 (0.0002% of valid votes)

7. SAR Scheme Approval: Special Resolution for approval of "Apollo Pipes Limited Stock Appreciation Rights Scheme - 2026" - PASSED

  • Total votes polled: 24,643,742 shares (55.9472% of outstanding shares)
  • Votes in favor: 24,623,547 (99.9181% of votes polled)
  • Votes against: 20,195 (0.0819% of votes polled)

8. SAR Scheme Extension: Special Resolution for extension of SAR Scheme to employees of subsidiary and associate companies - PASSED

  • Total votes polled: 24,643,742 shares (55.9472% of outstanding shares)
  • Votes in favor: 24,504,155 (99.43% of votes polled)
  • Votes against: 139,587 (0.57% of votes polled)

Voting Process Details

  • Record Date: July 28, 2026
  • Total Shareholders: 38,736
  • Remote E-voting Period: August 1, 2026 (10:00 A.M.) to August 3, 2026 (5:00 P.M.)
  • E-voting at AGM: Additional 15 minutes after meeting conclusion
  • Shareholding Pattern:
  • Promoter and Promoter Group: 22,780,000 shares
  • Public Institutions: 4,436,976 shares
  • Public Non-Institutions: 16,831,230 shares
  • Total Outstanding Shares: 44,048,206

Scrutinizer's Report

Mr. Jatin Gupta of Jatin Gupta & Associates was appointed as Scrutinizer. The scrutinizer's report confirmed:

  • All resolutions passed as proposed
  • No invalid votes except for Resolution 6 where related party votes were excluded
  • Voting was conducted through CDSL's e-voting platform
  • The scrutinizer's report was dated August 4, 2026