Apollo Pipes Ltd - Corporate Action-Board recommends Bonus Issue

Apollo Pipes Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 22, 2021, inter alia, has considered and approved the following;<BR> <BR> - Recommendation of issue of bonus equity Shares in the proportion of 2 (Two) equity share of Rs. 10/- each for every 1 (One) Equity Shares of Rs. 10/- each held by the shareholders of the Company as on the record date, subject to the approval of members and other approvals, consents, permissions, conditions and sanctions, as may be necessary.