APOLLOPIPENSEApollo Pipes LimitedLowNeutral
Announced Fri, 26 Sept · 16:22 IST

Apollo Pipes Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 26, 2025

Board & Shareholder Meetings 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

Awaiting price reaction for this filing.

AI summary

Apollo Pipes Limited held its 39th Annual General Meeting on September 26, 2025 via video conferencing from 11:00 AM to 11:20 AM. Shareholders approved all 8 resolutions, including adoption of audited financial statements for FY25, declaration of a final dividend of Rs. 0.70 per equity share (7% on face value), appointment of M/s. AKGVG & Associates as statutory auditors, and re-appointment of Mr. Arun Agarwal as Joint Managing Director (special resolution). Voting was conducted through remote e-voting (Sept 23–25) and e-voting during the AGM, with total participation of about 70% of outstanding shares (30.85 million votes polled out of 44.05 million). Most resolutions passed with near-unanimous support (99.99%), while the material related party transactions resolution with subsidiary Kisan Mouldings Limited passed with 94.73% in favor (promoters abstained due to interest). The meeting was attended by 49 shareholders via video conferencing.

Likely market impact

Routine AGM filing — no negative signals. Approval of the 7% final dividend confirms a steady payout for shareholders, and the smooth approval of all resolutions including director re-appointments and the related-party transaction with Kisan Mouldings indicates no governance friction.