Apar Industries Approves QIP Closure and Placement Document

Apar Industries Ltd announced the closure of its Qualified Institutional Placement (QIP) issue on August 13, 2026. The Share Issue Committee of Directors approved the allocation of 16,88,618 equity shares at an issue price of ₹14,805 per share, which is above the floor price. The company also approved and adopted the placement document dated August 13, 2026, and finalized confirmation of allocation notes for eligible QIBs. The trading window for designated persons remains closed until further notice.