26-Jun-2026 14:18:21
APOLLOPIPEGeneral news
APOLLO PIPES LIMITED : SCHEME OF ARRANGEMENT APPROVED
• Board approved scheme of arrangement for amalgamation of KML Tradelinks Private Limited and Kisan Mouldings Limited with Apollo Pipes Limited. • The scheme involves two stages: first, amalgamation of wholly owned subsidiary with its holding company, and second, amalgamation of the holding company with Apollo Pipes. • Appointed date for the scheme is April 1, 2026. • Scheme requires approval from shareholders, creditors, and regulatory authorities including SEBI and NCLT. • Fairness opinion on share exchange ratio provided by Corporate Professionals Capital Private Limited. • Valuation report by Axiology Valuetech Private Limited.
Apollo Pipes Ltd
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