APOLLOPIPENSEApollo Pipes LimitedHighNegative
Announced Wed, 20 May · 19:07 IST

Apollo Pipes Limited has informed the Exchange regarding Resignation of Mr Parag Dadeech, Chief Operating Officer and Senior Management Personnel of the company w.e.f. May 20, 2026.

Kmp ResignedManagement Changes View source PDF

APOLLOPIPE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.7%1-day move
₹506.15
prior close
₹514.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-0.9-0.8+2.1+1.7+2.4+2.4+1.8+0.8-4.9-2.2-1.6-2.6
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AI summary

Mr. Parag Dadeech, Chief Operating Officer (COO) and Senior Management Personnel (SMP) of Apollo Pipes Limited, has tendered his resignation effective May 20, 2026. The resignation was submitted via email dated May 20, 2026, with Dadeech citing personal health reasons as the cause for his departure. He will be relieved from duties at the close of business hours on the same date. The company has disclosed this change in compliance with Regulation 30 of the SEBI Listing Regulations, 2015, and the information has been uploaded on the company's website.

Likely market impact

The departure of a senior operating executive like the COO could create a leadership gap in day-to-day operations and strategy execution. Investors should monitor for any disruption in operations or appointment of a successor.