Apar Industries Approves Further Investment in Subsidiary

Apar Industries Ltd announced that its Board of Directors has approved a further investment of up to USD 100 Million in its wholly-owned subsidiary, Petroleum Specialties Pte. Ltd., Singapore. This decision was made during the Board meeting held on October 29, 2026, where the company also approved its un-audited financial results for the second quarter and half-year ended September 30, 2026. Additionally, the Board approved the re-appointment of Mr. Kaushal J. Sampat as Independent Director for a second term and the allotment of 2,720 equity shares under the company's ESAR Plan 2024.