Shares of Apollo Pipes turned ex-date for 2:1 bonus shares on Thursday.
In the past three months, the stock of plastic products maker had surged 25 per cent, as compared to a 0.41 per cent rise in the Sensex.
The company operates large manufacturing facilities at Dadri and Sikandarabad in UP, Ahmedabad – Gujarat, Tumkur – Karnataka and Raipur-Chhattisgarh with a total annual capacity of 125,200 MTPA.
The company has fixed Monday, December 06, 2021 as the “record date”, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus equity shares of the Company in the proportion of 2 existing equity share.
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