APL Apollo Tubes concludes AGM, approves dividends and new directors

APL Apollo Tubes Limited held its 40th Annual General Meeting (AGM) on Monday, September 15, 2025, via video conferencing. Key resolutions passed included the adoption of audited financial statements for the fiscal year ended March 31, 2025, and the declaration of a final dividend of ₹5.75 per equity share.

The company also announced directorial changes, including the re-appointment of Vinay Gupta and Deepak Kumar, who both retired by rotation. Additionally, Chakram Kumar Singh was appointed as whole-time director, and Dukhabandhu Rath and Rakesh Sharma were appointed as non-executive independent directors.

Shareholders approved the appointment of M/s Walker Chandiok & Co LLP as statutory auditors and M/s Parikh & Associates as secretarial auditors. The AGM also ratified the remuneration of cost auditors and approved the 'APL Apollo Tubes Employees Stock Option Plan 2025', authorizing its extension to subsidiary and associate company employees. Neeru Abrol ceased to be an independent director, having completed her second five-year term.