APL Apollo Tubes Limited has informed the Exchange that Record date for the purpose of Dividend is 22-Aug-2025.
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On the reaction day the stock moved 3.4 pts more than Nifty Midcap 150 and 3.5 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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APL Apollo Tubes has set 22 August 2025 as the record date to identify shareholders eligible for the final dividend of ₹5.75 per equity share (face value ₹2) for FY 2024-25. This dividend was recommended by the Board on 7 May 2025 and is subject to approval by shareholders at the 40th AGM scheduled for 15 September 2025. Shareholders whose names appear in company records as of the record date will be entitled to receive the dividend if it is approved at the AGM.
Existing shareholders holding shares as of 22 August 2025 will be eligible to receive the ₹5.75 per share dividend if approved at the AGM. This is a routine procedural announcement and is unlikely to cause a sharp short-term stock reaction, though it confirms the company remains a dividend-paying stock.