APL Apollo Tubes Allots 22,379 Equity Shares Under Employee Stock Appreciation Rights Scheme
APL Apollo Tubes Limited has successfully completed the allotment of 22,379 equity shares to eligible employees under its Stock Appreciation Rights Scheme 2019. The allotment was approved by the Share Allotment Committee of the Board of Directors on March 28, 2026, as part of the company’s ongoing employee benefit program.
Share Allotment Details
The allotted shares have a face value of ₹2 each and were issued to employees who exercised their rights under the scheme. These shares are issued in demat form with distinctive numbers ranging from 27,76,36,027 to 27,76,58,405 (both inclusive) and are registered under ISIN INE702C01027.
| Parameter | Details |
|---|---|
| Number of Shares Allotted | 22,379 |
| Face Value per Share | ₹2 |
| Exercise Price per Share | ₹2 |
| Premium per Share | NIL |
| Issue Date | March 28, 2026 |
Impact on Share Capital
With this allotment, the company’s capital structure has been updated, reflecting an increase in paid-up equity share capital and the total number of outstanding shares.
| Capital Structure | Before Allotment | After Allotment |
|---|---|---|
| Paid-up Share Capital | ₹55,52,72,052 | ₹55,53,16,810 |
| Total Equity Shares | 27,76,36,026 | 27,76,58,405 |
| Face Value per Share | ₹2 | ₹2 |
Regulatory Compliance
The allotment was carried out in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and disclosures under the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The newly allotted equity shares will rank equally with the existing shares of the company in all respects. There is no lock-in period, and no listing fees are required for this allotment. The Share Allotment Committee meeting began at 10:30 AM and concluded at 11:00 AM on March 28, 2026.
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Historical Stock Returns
| Period | Return |
|---|---|
| 1 Day | -0.62% |
| 5 Days | -1.35% |
| 1 Month | -10.96% |
| 6 Months | +17.64% |
| 1 Year | +31.62% |
| 5 Years | +207.79% |
This allotment reflects the company’s commitment to rewarding employees and strengthening its capital base while maintaining full compliance with regulatory requirements.
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