Apollo Pipes Ltd - Board Meeting Intimation for Considering A Proposal For Strategic Investment In Kisan Mouldings Limited, A BSE Listed Company Upto An Extent Of ?125 Crore, Pursuant To A Proposal For Fund Raising Options Received From The Said Company.

Apollo Pipes Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2024 ,inter alia, to consider and approve a proposal for strategic investment in Kisan Mouldings Limited, a BSE Listed Company upto an extent of ?125 crore, pursuant to a proposal for fund raising options received from the said company for the purpose of repayment of bank loans and other dues.