Sameer Gupta has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
APOLLOPIPE · price
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Awaiting price reaction for this filing.
Sameer Gupta, on behalf of all promoters, promoter group members, and persons acting in concert of Apollo Pipes Limited, has submitted a declaration to NSE and BSE confirming that no encumbrance (such as pledge or lien) has been created on any of their shares during the financial year 2024-25. This is a routine annual compliance filing required under SEBI's Takeover Regulations. The declaration covers four promoter/promoter group members: Sameer Gupta, Meenakshi Gupta, Dhruv Gupta, and Sanjay Gupta. The company has been asked to place this disclosure before its Audit Committee at the next meeting.
This is a neutral, routine compliance filing with no material action — it simply confirms promoters did not pledge or encumber their shares during the year, which is generally viewed as a positive stability signal for retail investors.