Apollo Pipes Proposes ₹0.70 Final Dividend — Record Date Set for Sept 5, 2025; AGM on Sept 26 (Investor Alert)
New Delhi — August 26, 2025. Apollo Pipes Limited (NSE: APOLLOPIPE | BSE Scrip 531761) has fixed Friday, September 05, 2025 as the Record Date to determine shareholders eligible for the final dividend of ₹0.70 per share (face value ₹10) for FY 2024–25, subject to shareholder approval at the 39th Annual General Meeting (AGM) scheduled on Friday, September 26, 2025. The AGM will be held via video-conferencing / other audio-visual means in line with current regulatory guidance.
Why investors should care
- Income opportunity: If approved at the AGM, shareholders on the register as of Sep 5, 2025 will receive ₹0.70 per equity share (payable after withholding tax as applicable). This represents a direct cash return and a yield component to factor into total return calculations.
- Timing & trade impact: The ex-dividend date will typically fall one trading day before the record date — investors seeking the dividend must own shares before that date. Expect routine price adjustment on the ex-dividend day.
- AGM visibility: The AGM (Sept 26) may provide management commentary on FY26 outlook, capex, working capital and business strategy — useful for medium/long-term holders.
Quick facts (from company filing)
- Company: Apollo Pipes Limited.
- NSE Symbol: APOLLOPIPE; BSE Scrip Code: 531761.
- Final dividend recommended: ₹0.70 per equity share (face value ₹10).
- Record Date (for dividend entitlement): Friday, September 05, 2025.
- AGM Date: Friday, September 26, 2025 (11:00 a.m. IST), via VC/OAVM.
- Tax: Dividend payment subject to deduction of tax at source, as applicable.
What investors should do next (action checklist)
- Confirm holdings: Ensure shares are in your demat account before the ex-dividend date (typically one trading day before Sep 5) to qualify for the dividend.
- Monitor exchange notices: Watch BSE/NSE notices for the official ex-dividend date and dividend payment schedule.
- Attend/track AGM: Review AGM notice and statements for guidance on strategy, capacity expansion, and working capital management. Management commentary can materially affect medium-term valuation.
- Tax planning: Factor in TDS on dividend receipts when calculating net yield.
Investor risks & considerations
- Dividend is subject to shareholder approval at the AGM — it is recommended, not yet final.
- Price adjustment on ex-dividend day is normal; short-term traders may see volatility.
- Dividend yield vs. growth trade-off: Evaluate whether this cash payout aligns with your investment horizon (income vs. re-investment in company growth).
