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Board of Apollo Pipes approves allotment of 2.62 cr bonus equity shares

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Capital Market

At meeting held on 06 December 2021

The Board of Apollo Pipes at its meeting held on 06 December 2021 has approved the allotment of 2,62,18,804 equity shares as bonus shares in the ratio of 2:1 to members whose names appeared in the Register of Members / List of beneficial owners as on 04 December 2021, being the record date fixed for that purpose.

Consequently, the paid-up equity share capital of the Company stands increased from Rs 13,10,94,020/- comprising 1,31,09,402 equity shares of Rs 10/- each to Rs 39,32,82,060/-comprising 3,93,28,206 equity shares of Rs 10/- each.

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First Published: Dec 06 2021 | 2:37 PM IST

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