Apollo Pipes Limited has submitted a regulatory intimation to The National Stock Exchange of India Limited and BSE Limited regarding an upcoming board meeting.
Nature of Disclosure: The company is intimating the stock exchanges about a scheduled meeting of the Board of Directors in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Meeting Details: The Board of Directors meeting is scheduled to be held on Monday, 31st August 2026.
Agenda Item: The board will consider a proposal for raising funds through the issuance of one or more financial instruments. The potential instruments include equity shares and/or convertible securities.
Fundraising Methods Under Consideration: The board may consider various modes of fundraising including:
- Preferential Issue
- Rights Issue
- Qualified Institutions Placement (QIP)
- Any other mode as may be decided by the Board
Approval Requirements: The final decision on the fundraising method and implementation will be subject to obtaining necessary approvals as required.
Compliance Officer: The intimation was signed by Gourab Kumar Nayak, Company Secretary and Compliance Officer of Apollo Pipes Limited, on 25th August 2026 at 17:52:11 IST.
Financial Impact: The disclosure does not quantify the potential fundraising amount or provide specific financial impact details. The proposal remains subject to board consideration and necessary approvals.