APL Apollo Tubes Ltd

APL Apollo Tubes Limited — Trading window closed from 1 October 2026 till 48 hours after the declaration of Unaudited Financial Results (Consolidated and Standalone) for the quarter and half year ending 30 September 2026.

AGM Details

• Date 15 Sep 2026; Mode VC/OAVM; Record date 08 Sep 2026; Remote e-voting 12–14 Sep 2026.

Key Resolutions & Voting

• Item 1: Adopted audited financial statements; ordinary; passed with 99.89% in favour.
• Item 2: Final dividend per share Rs 8.50; ordinary; passed.
• Item 3: Re-appoint Ashok Kumar Gupta; ordinary; passed.
• Item 4: Re-appoint Rahul Gupta; ordinary; passed.
• Item 5: Remuneration of Cost Auditors ratified; ordinary; passed.
• Item 6: Asha Anil Agarwal re-appointed as Non-Executive Independent Director; special; passed.
• Item 7: Upendra Kamath re-appointed as Independent Director; special; passed.
• Item 8: Rajeev Anand re-appointed as Independent Director; special; passed.
• Item 9: Dinesh Kumar Mittal re-appointed as Independent Director; special; passed.
• Item 10: Stock Appreciation Rights extension to associates; special; not passed.

Dividend

• Final dividend of Rs 8.50 per equity share approved.

Director Changes

• Re-appointed Ashok Kumar Gupta as Director (retiring by rotation).
• Re-appointed Rahul Gupta as Director (retiring by rotation).
• Independent directors re-appointed: Agarwal, Upendra Kamath, Rajeev Anand, Mittal.

Auditor Matters

• Cost Auditors’ remuneration ratified.

Other Material Approvals

• Stock Appreciation Rights extension defeated.

AGM Details

• AGM held on 15 September 2026 at 11:00 IST via VC/OAVM.
• Platform provided by CDSL for webcast viewing by Members.
• Chaired by Vice Chairman due to MD's absence.
• Quorum present; meeting conducted under MCA/SEBI guidelines.
• Audited statements and Integrated Report read; no qualifications noted.
• Meeting concluded at 12:24 P.M.

Key Resolutions

• Adopt Audited Financial Statements (consolidated and standalone) and reports.
• Declare final dividend of ₹8.50 per equity share.
• Appoint Ashok Kumar Gupta for re-appointment.
• Special: Appoint Rahul Gupta on rotation for re-appointment.
• Ratify remuneration of Cost Auditors M/s Sanjay Gupta & Associates.
• Re-appoint Asha Anil Agarwal as Non-Executive Independent Director.
• Re-appoint Hosdurg Sundar Kamath Upendra Kamath as Non-Executive Independent Director.
• Re-appoint Rajeev Anand as Non-Executive Independent Director.
• Re-appoint Dinesh Kumar Mittal as Non-Executive Independent Director.
• Extend SAR 2019 to employees of associate company(ies).

Voting Status

• Remote e-voting conducted Sep 12–14, 2026; AGM voting available.
• Results to be communicated to Exchanges and published on company website; Scrutinizer’s report to be filed.

Directors & Auditors

• Re-appointments of independent directors approved for term continuations.
• Cost Auditor remuneration ratification completed.
• SAR extension to associate employees approved.

AGM details

• AGM held on 15 September 2026 via VC/OAVM, commenced 11:00 IST.

Key resolutions

• Ordinary: Adopt Audited Financial Statements for FY ending 31 Mar 2026.
• Ordinary: Declare final dividend of ₹8.50 per equity share.
• Ordinary: Re-appoint Ashok Kumar Gupta as Director.
• Special: Re-appoint Rahul Gupta as Director.
• Ordinary: Ratify remuneration of Cost Auditors M/s Sanjay Gupta & Associates.
• Ordinary: Re-appoint Asha Anil Agarwal as Non-Executive Independent Director.
• Ordinary: Re-appoint Hosdurg Sundar Kamath Upendra Kamath as Non-Executive Independent Director.
• Ordinary: Re-appoint Rajeev Anand as Non-Executive Independent Director.
• Ordinary: Re-appoint Dinesh Kumar Mittal as Non-Executive Independent Director.
• Ordinary: Extend Stock Appreciation Rights Scheme 2019 benefits to associate employees.

Voting status

• Voting results not disclosed in the filing; to be communicated to Exchanges.

Incorporation of SG Enterprise Solutions Private Limited

• APL Apollo holds 20% of SGES's paid-up capital; SGES is an associate.
• SG Enterprise Solutions Private Limited was incorporated on September 10, 2026 in India.
• APL Apollo's initial investment is ₹1,00,000, subscribing 10,000 equity shares at ₹10 each.
• Purpose: to act as a Group Shared Services Company providing centralised corporate support to participating Group entities.
• APL Apollo's 20% holding corresponds to 10,000 equity shares of ₹10 each.

GST demand update

• Appeals against GST demand reduced by Deputy Commissioner (Appeals), Hosur, via 21 Aug 2026 orders.
• Nature: revised demand under CGST Act Section 74 for multiple years.
• Original total demand across years: Rs 51.44 crore.
• Total set aside by Appellate Authority orders: Rs 85.70 lakh.
• Impact: no material impact on financials; company examining orders for future action.

GST update

• Appellate order from Deputy Commissioner (Appeals), Hosur, reduced FY2019-20 GST demand; remaining ₹101,866.
• No material impact on financials; company will decide future course.