APOLLO PIPES: ENTERS TILES & CERAMICS
• Apollo Pipes to enter Tiles & Ceramics business through a new subsidiary.
• Plans investment of up to ₹300 Cr in the new business.
• Board approves 31 lakh warrants at ₹610/share, raising ₹189.10 Cr from non-promoters.
• Preferential issue proceeds to support expansion plans.
• Authorized share capital to increase to ₹60 Cr.
August 31, 2026 516
