Apollo Pipes Limited Appoints Sanjay Gupta as Director (Non-Executive) and Chairman
Apollo Pipes Limited has announced a significant change in its management, naming Mr. Sanjay Gupta as a Director (Non-Executive Category) and the Chairman of the company. The appointment was approved by the Members of the Company, following recommendations from the Nomination and Remuneration Committee and the Board of Directors.The transition involves a change in designation for Mr. Gupta, who is being appointed to this new role. The official date of his appointment is August 04, 2026.
Profile and Relationship Details
Mr. Sanjay Gupta is described as a renowned industrialist and an eminent leader within the steel and building materials industry. He has over 30 years of experience across various segments of the steel industry and possesses extensive knowledge gained from his service to the Company in prior capacities, including Director and Chairman.A key detail provided regarding his appointment is the relationship he shares with existing management at Apollo Pipes Limited.
The details related to this change in designation are presented below:
| Particulars | Details |
|---|---|
| Reason for Change | Change in designation from Additional Director to Director (Non-Executive and Non-Independent) |
| Date of Appointment | August 04, 2026 |
| Brief Profile | Mr. Gupta is recognized for his exemplary leadership and strategic vision in the steel tube and structural steel products industry. He has served Apollo Pipes and the APL Group previously, contributing significantly to the company's progress. |
| Relationship Disclosure | Mr. Sanjay Gupta is the Brother of Mr. Sameer Gupta, Managing Director of the Company. He is not related to any other Directors or Key Managerial Personnel or their relatives. |
Apollo Pipes Limited maintains several manufacturing units across various parts of India, including Dadri (U.P.), Sikandrabad (U.P.), Ahmedabad (Gujarat), Tumkur (Karnataka), and Raipur (Chhattisgarh). The company's corporate office is situated in Noida, U.P.
APOLLOPIPE Stock Price Movement
Apollo Pipes Limited rallied today after the stock settled at ₹527.35, climbing 0.90% in post-market trading. The company saw a solid day on volume, with shares traded reaching 760,421 during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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