APL Apollo Tubes approves Sept 2026 quarter results; board approves SG Enterprise stake
APL Apollo Tubes Ltd · Industrial Products
What the filing says
- Board approved unaudited standalone and consolidated results for quarter and half year ended September 30, 2026, with limited review reports dated October 26, 2026.
- Board approved acquiring 31% more (15,500 shares of ₹10 each) in SG Enterprise Solutions Private Limited for ₹1,55,000, taking stake to 51%; completion expected by December 31, 2026.
- Sale of entire stake in Blue Ocean Projects Private Limited for ₹160 crore completed, with ₹9.70 crore gain recognized in other income.
Why it's rated notable: the year-on-year change is 27% (20% to 50%)
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Board Meeting Outcome for Outcome Of Board Meeting
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Other acquisition / merger filings this fortnight
- Sunita Tools Limited to acquire 50% stake in Bulgarian defence JV partner
- Avantel Limited reports unaudited results for half year ended September 30, 2026
- LEAP India reports Q2 and H1 FY27 results: Q2 PAT up 62%, H1 PAT up 42%
- DCM Shriram Ltd announces Q2 FY27 financials, interim dividend, and JV equity investment
- REC Limited Q2 FY27 results declared; 2nd interim dividend of ₹3.50 per share
- REC Limited files unaudited financial results for Q2 and half year ended Sept 30, 2026
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.