Apollo Pipes Limited has fixed Friday, July 17, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹0.70 per equity share for the financial year 2025-26. The payment of this dividend is contingent upon approval by members at the company's upcoming Annual General Meeting. The dividend will be paid subject to the deduction of tax at source as applicable.

The Board of Directors had previously recommended this final dividend on equity shares of ₹10 each, as communicated in an earlier intimation dated May 7, 2026. This recommendation will be placed before the shareholders for ratification during the meeting.

The 40th Annual General Meeting of apollo pipes is scheduled to be held on Tuesday, August 4, 2026, at 11.00 a.m. IST. The meeting will be conducted via video conferencing or other audio-visual means, in compliance with the provisions of the Companies Act, 2013 and relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

The intimation regarding the record date and the AGM was submitted to the exchanges in accordance with Regulation 30 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key AGM Details

Apollo Pipes Limited has approved a Scheme of Arrangement to amalgamate Kisan Mouldings Limited and KML Tradelinks Private Limited with itself, aiming to consolidate operations and enhance operational efficiencies. The appointed date for the scheme is April 1, 2026. The amalgamation will occur in two steps: first, the merger of wholly owned subsidiary KML Tradelinks into Kisan Mouldings, followed by the merger of Kisan Mouldings into Apollo Pipes. The scheme is subject to approvals from shareholders, creditors, stock exchanges, SEBI, and the National Company Law Tribunal.

The Board of Directors approved the scheme based on recommendations from the Independent Directors and the Audit Committee. M/s. Corporate Professionals Capital Private Limited provided a fairness opinion on the share exchange ratio recommended by the Registered Valuer, M/s. Axiology Valuetech Private Limited. The transaction is classified as a related party transaction but is considered to be at arm's length, based on valuations by independent registered valuers and the fairness opinion from an independent merchant banker.

The share exchange ratio for the amalgamation of Kisan Mouldings with Apollo Pipes is 4.96 equity shares of face value ₹10 each for every 100 equity shares of face value ₹10 each held in Kisan Mouldings. No consideration will be paid for the amalgamation of KML Tradelinks as it is a wholly owned subsidiary of Kisan Mouldings. The rationale for the merger includes realizing economies of scale, rationalizing operations, improving cash flow management, and reducing administrative and compliance burdens.

Financials of Entities Involved

The following table presents the paid-up share capital, turnover, and net worth for the companies involved in the scheme for the year ended March 31, 2026:

(Amount in ₹ Crore)

Shareholding Pattern

The amalgamation will alter the shareholding pattern of Apollo Pipes. Pre-arrangement, promoters held 51.72% of the equity shares, while the public held 47.99%. Post-arrangement, the promoter holding is expected to decrease to 49.20%, and public holding is expected to increase to 50.52%. The total number of equity shares for Apollo Pipes will rise from 4,40,48,206 to 4,63,03,174 upon completion of the scheme.