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| Exchange Disseminated Time | | APL Apollo Tubes Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 13, 2013, inter-alia, has approved the allotment of 11,15,000 Equity Shares having nominal value of Rs. 10/- each to Mr. Ashok Kumar Gupta, a person considered as a promoter, against the conversion of equal number of outstanding warrants as 15,00,000 warrants were allotted to him on preferential basis at a price of Rs. 145/- per warrant on February 14, 2012 out of which 3,85,000 warrants were converted into equity shares and same was allotted to him on March 23, 2013. |
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