Outcome of Board Meeting

27 June 2026 Electronic Filing The Listing Department Department of Corporate Services/Listing National Stock Exchange of India Limited BSE Limited “Exchange Plaza” Bandra-Kurla Complex, Phiroze Jeejeebhoy Tower, Bandra (E), Dalal Street, Fort, Mumbai-400051 Mumbai-400001 NSE Symbol : APLAPOLLO Scrip Code: 533758 Sub: Outcome of Board Meeting held on June 27, 2026 - Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is further to our disclosure dated May 2, 2026, made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), regarding the in-principle approval granted by the Board of Directors of the Company at its meeting held on May 2, 2026, for the disinvestment of its shareholding in Blue Ocean Projects Private Limited ("BOPPL"), a wholly owned subsidiary of the Company engaged in holding real estate assets. With reference to the above and pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., Saturday, June 27, 2026, which commenced at 11:49 A.M. and concluded at 12:01 P.M., has considered and approved the proposal for the disinvestment of the Company's entire shareholding in Blue Ocean Projects Private Limited ("BOPPL"), a wholly owned subsidiary of the Company, to SG Realtor Private Limited ("Proposed Buyer"), a related party, for an aggregate consideration of ₹160 crore ("Proposed Transaction"), upon the recommendation of the Audit Committee. The necessary disclosures required pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, enclosed herewith as Annexure-A. We request you to kindly take the above information on your record. Thanking you Yours faithfully For APL Apollo Tubes Limited Vipul Jain Company Secretary and Compliance Officer Encl: a/a Annexure-A Sale or disposal of unit(s) or division(s), whole or substantially the whole of the undertaking(s) or subsidiary of the listed entity: Item Particulars a) the amount and percentage of the turnover Name of the subsidiary: Blue Ocean Projects or revenue or income and net worth contributed Private Limited. by such unit or division or undertaking or As on March 31, 2026: subsidiary or associate company of the listed Particulars Amount (₹ Percentage of entity during the last financial year; Crores) Consolidated Turnover Turnover/ 14.91 0.06% Revenue Total Income 17.16 0.07% Net worth 139.09 2.63% b) date on which the agreement for sale has The Company shall enter into a share been entered into; sale/purchase agreement with SG Realtor Private Limited on or before December 31, 2026. c) the expected date of completion of Proposed Transaction will be completed by sale/disposal; December 31, 2026. d) consideration received from such Consideration of ₹160 Cr shall be received by the sale/disposal; Company on completion of the Proposed Transaction. e) brief details of buyers and whether any of the SG Realtor Private Limited (CIN: buyers belong to the promoter/ promoter U70100DL1997PTC090254), a company group/group companies. If yes, details thereof; incorporated under the provisions of Companies Act, 1956 and is engaged in the real estate business. Yes. The Promoters of the Company, together with their immediate relatives, hold more than 20% of the equity share capital of the buyer company. f) whether the transaction would fall within The transaction is a related party transactions and related party transactions? If yes, whether the is being entered into at arm's length, with the same is done at “arm’s length”; consideration determined based on the valuation report obtained from a reputed Independent Registered Valuer. g) whether the sale, lease or disposal of the Not applicable undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. h) additionally, in case of a slump sale, Not applicable indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale