APL Apollo Tubes (APLAPOLLO) — Announcement

📢 Key Event
GST demand reduced to Rs 15.41 lakh after appellate orders

🔄 What Changed
Demand reduced from Rs 50.96 crore to Rs 15.41 lakh

💡 Investor Takeaway
The reduced GST liability improves cash flow and removes a near-term overhang on the company.

APL Apollo Tubes disclosed that the Deputy Commissioner (Appeals), Hosur, reduced its GST demand to Rs 15.41 lakh after appeals against earlier orders, with no material financial impact. The company is reviewing the orders and will take appropriate future action.

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About APL Apollo Tubes Limited (APLAPOLLO)

Capital Goods · Capital Goods-Non Electrical Equipment · Listed on NSE

Market Cap: ₹61,641.55 Cr P/E: 50.1 ROE: 29.2% ROCE: 35.9% Div Yield: 0.38%

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🔥 Also filed on 22 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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