17-Oct-2026 10:45:25
APOLLOPIPEGeneral news
APOLLOPIPE : ALLOTS 20 LAKH SHARES ON WARRANT CONVERSION WORTH RS 110 CR
• Allotted 20,00,000 equity shares at ₹550/share to KITARA PIIN 2401 (non-promoter) on conversion of equal number of warrants • Balance consideration of ₹412.50 per warrant (75% of issue price) received, aggregating ₹82.50 Cr • Total issue consideration ₹110 Cr, including ₹27.50 Cr paid at warrant subscription • KITARA PIIN 2401 holds 20,00,000 shares, or 4.34%, post allotment • Paid-up equity capital rises to ₹46.05 Cr comprising 4.60 Cr shares
Apollo Pipes Limited
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