APL Apollo Tubes Limited (NSE:APLAPOLLO) filed an exchange intimation on 19 August 2026 confirming that the record date for its final dividend of Rs 8.50 per equity share of face value Rs 2 for FY2025-26 has been fixed as 8 September 2026, subject to shareholder approval at the 41st Annual General Meeting scheduled on 15 September 2026.
Key Highlights
- The Board of Directors, at its meeting on 2 May 2026, recommended a final dividend of Rs 8.50 per equity share of face value Rs 2 each for FY2025-26.
- The record date for determining members eligible to receive the final dividend has been fixed as Tuesday, 8 September 2026, under Regulation 42 of the SEBI LODR Regulations, 2015.
- The 41st Annual General Meeting is scheduled for Tuesday, 15 September 2026, to be conducted via video conferencing or other audio-visual means, in line with MCA and SEBI circulars.
- The final dividend will be paid only if shareholders formally approve the recommendation at the forthcoming AGM; the record date precedes the AGM by one week.
About the Company
APL Apollo Tubes Limited (NSE:APLAPOLLO), headquartered in New Delhi, is one of India's largest structural steel tube manufacturers. The company produces a wide range of hollow sections, pre-galvanised tubes, black pipes, and colour-coated profiles sold under the APL Apollo brand across construction, infrastructure, and engineering applications, operating multiple manufacturing plants across India.
Announcement in Detail
The filing, submitted in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirms that the 41st AGM of APL Apollo Tubes Limited will be held on 15 September 2026 through video conferencing or other audio-visual means, consistent with applicable MCA and SEBI circulars. The Company Secretary and Compliance Officer, Vipul Jain, signed the filing on behalf of the company.
Pursuant to Regulation 42 of the SEBI LODR Regulations, 2015, the record date of 8 September 2026 has been set for equity shares listed under NSE symbol APLAPOLLO and BSE scrip code 533758. The Board's recommendation of Rs 8.50 per share of face value Rs 2 was made at the board meeting held on 2 May 2026, and the payment remains conditional on shareholder approval at the AGM.
Impact on Investors
Investors will note that only those shareholders whose names appear in the register of members or in the records of the depositories as of the close of business on 8 September 2026 will be eligible to receive the final dividend, provided it is declared at the 41st AGM on 15 September 2026. The disclosed terms indicate that the dividend has not yet been formally declared, since AGM approval is still pending, and the record date falling before the AGM is a procedurally standard arrangement under SEBI LODR norms.
The filing shows the dividend is Rs 8.50 per equity share of face value Rs 2, which shareholders will observe represents a significant payout relative to the low face value. Shareholders holding shares in demat form should ensure their depository records are updated before the record date to avoid any eligibility issues.
Sector / Market Context
India's structural steel tube and hollow section industry has expanded alongside sustained government spending on infrastructure, housing, and urban development programs. APL Apollo Tubes operates in a segment where demand is closely tied to construction activity, and the company's scale as a leading domestic producer positions it within a sector that has seen increased organised-sector participation as per industry data cited by bodies such as the Joint Plant Committee under the Ministry of Steel.