Apollo Pipes Ltd announces approval of new line of business and final dividend at 10% in their May 2024 Board Meeting

Apollo Pipes Ltd held a Board Meeting on May 20, 2024, where they approved the Audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2024. The Board also recommended a final dividend of 10% for the financial year, payable within 30 days of declaration. They announced the commissioning of a new manufacturing plant in Mirzapur, U.P., and the adoption of a new line of business. The company will provide further details about the new line of business and the manufacturing plant in Annexures A and B.