
Corporate Governance2 May 2026, 04:00 pm
APL Apollo Re-appoints 3 Independent Directors
AI Summary
APL Apollo Tubes Ltd's Board of Directors re-appointed Mrs. Asha Anil Agarwal, Shri Upendra Kamath H S, and Shri Rajeev Anand as Non-Executive Independent Directors for a second term of 5 years. The board also approved the appointment of M/s Sanjay Gupta & Associates as Cost Auditors for FY 2026-27. Additionally, the board approved a final dividend of ₹8.50 per equity share and considered the voluntary liquidation of APL Apollo Mart Limited and divestment of Blue Ocean Projects Private Limited.
Key Highlights
- Asha Anil Agarwal re-appointed as Non-Executive Independent Director effective October 30, 2026.
- Upendra Kamath H S re-appointed as Non-Executive Independent Director effective October 30, 2026.
- Rajeev Anand re-appointed as Non-Executive Independent Director effective May 11, 2027.
- Dinesh Kumar Mittal re-appointed as Non-Executive Independent Director effective May 11, 2027.
- Approved final dividend of ₹8.50 per equity share for FY 2026.
Price Impact
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