
Board Meeting7 May 2026, 03:15 pm
Apollo Pipes: Board approves FY26 results, ₹0.70 dividend
AI Summary
Apollo Pipes Ltd's board approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. A final dividend of ₹0.70 per equity share (7% on face value) was recommended. Sanjay Gupta was appointed as Additional Director (Non-Executive and Non-Independent) and Chairman, effective May 8, 2026, while Ashok Gupta resigned as Non-Executive Non-Independent Director from the same date. The board also approved the introduction of the “Apollo Pipes Limited Stock Appreciation Rights Scheme– 2026”.
Key Highlights
- Approved audited financial results for FY26.
- Recommended a final dividend of ₹0.70 per share.
- Sanjay Gupta appointed as Chairman, effective May 8, 2026.
- Ashok Gupta resigned as Non-Executive Non-Independent Director.
- Approved 'Apollo Pipes Limited Stock Appreciation Rights Scheme– 2026'.
Price Impact
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