Tag: APL Apollo Tubes

APL Apollo announces minority investment in Shankara Building Products

APL Apollo Tubes Ltd (APL Apollo), India’s structural steel tube manufacturer, announced a minority equity investment by APL Apollo Mart Limited (Apollo Mart), a wholly owned subsidiary of APL Apollo in Shankara Building Products Ltd (Shankara) through a combination of purchase of secondary promoter shares today and proposed preferential allotment of convertible warrants. APL Apollo…

APL Apollo Tubes inks MoU with Zamil Steel Buildings India

APL Apollo Tubes Ltd. (APL) has signed a Memorandum of Understanding (MoU) with Zamil Steel Buildings India Pvt. Ltd. (Zamil Steel India) to develop a market for pre-engineered steel buildings (PEB) made from structural steel tubes.  This is in line with APL’s strategy to create new markets for structural steel tubes in India, the Company…