APL Apollo Tubes Limited Allots Equity Shares Under Stock Appreciation Rights Scheme
APL Apollo Tubes Limited announced the allotment of 22,379 equity shares to eligible employees under the ‘APL Apollo Tubes Limited Stock Appreciation Rights Scheme 2019’. The allotment occurred on March 28, 2026, as approved by the Share Allotment Committee of the Board of Directors.As a result of this allotment, the company's equity share capital increased from ₹55,52,72,052 divided into 27,76,36,026 equity shares of ₹2 each, to ₹55,53,16,810 divided into 27,76,58,405 equity shares of ₹2 each.
The exercise price per share and premium per share were both ₹2. The shares have an ISIN number of INE702C01027. All allotted shares rank pari-passu with existing equity shares. Details regarding the allotment are available on the company’s website at www.aplapollo.com.
| Particulars | Details | Details |
|---|---|---|
| Company name and address of Registered Office | APLApollo Tubes Limited 37 Hargobind Enclave, Vikas Marg, Delhi - 110092 | APLApollo Tubes Limited 37 Hargobind Enclave, Vikas Marg, Delhi - 110092 |
| Name of the recognised Stock Exchanges on which the company's shares are listed : | BSE Limited (BSE) | National Stock Exchange of India Limited (NSE) |
| Filing date of the statement referred in regulation 10(b) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 with the Stock Exchange | November 28, 2022 | November 28, 2022 |
| Filing Number, if any : | 164187 | 33482 |
| Title of the Scheme pursuant to which shares are issued | APL Apollo Tubes Limited Stock Appreciation Rights Scheme - 2019 | APL Apollo Tubes Limited Stock Appreciation Rights Scheme - 2019 |
| Kind of security to be listed : | Equity Shares | Equity Shares |
| Par value of the shares : | ₹2/- each | ₹2/- each |
| Date of issue of shares : | March 28, 2026 | March 28, 2026 |
| Number of shares issued : | 22,379 | 22,379 |
| Total issued share capital after this issue : | ₹ 55,53,16,810/- | ₹ 55,53,16,810/- |
Vipul Jain, Company Secretary and Compliance Officer, signed off on the allotment.
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