Outcome of Board Meeting held on August 31, 2026.

August 31, 2026 The National Stock Exchange of India Limited Department of Corporate Services/Listing Exchange Plaza, 5th Floor, BSE Limited Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (East), Dalal Street, Fort, Mumbai – 400 051 Mumbai – 400 001 N SE Symbol: APOLLOPIPE S CRIP Code: 531761 Subject: Outcome of the meeting of Board of Directors of Apollo Pipes Limited (“the Company”) in terms of the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). Dear Sir/Ma’am, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we wish to inform you that the Board of Directors of Apollo Pipes Limited (“Company”), at its meeting held today, i.e. August 31, 2026, inter alia, considered and approved the following matters: 1. Approved an investment plan of up to ₹300 crores for setting up a subsidiary(ies) of Apollo Pipes Limited, proposed to be incorporated, for entering into the tiles and ceramics business. The proposed subsidiary(ies) shall, inter alia, be engaged in the manufacturing, including contract manufacturing, trading, marketing and distribution of tiles, ceramics and allied products, including by acquiring operational and profitable manufacturing businesses. Further, the Board has delegated authority to Mr. Sameer Gupta, Managing Director and Mr. Arun Agarwal, Joint Managing Director of the Company severally to take all necessary actions in this regard, including incorporation of the proposed subsidiary(ies) and determination of the manner and timing of investment therein, within the overall investment plan approved by the Board. 2. Approved the issuance of upto 31,00,000 Warrants, each convertible into 1 (one) fully paid-up equity share of face value of ₹10 (Rupees Ten Only) each, at a price of ₹610/- (Rupees Six Hundred Ten Only) (including a premium of ₹600/- each) per Warrant (“Warrant Issue Price”), aggregating upto ₹189,10,00,000/- (Rupees One Hundred Eighty Nine Crore Ten Lakh Only), to identified persons belonging to ‘Non-Promoter’ Category on preferential basis (‘Preferential Issue'), for cash consideration, in accordance with the provisions of the Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”), applicable provisions of the Companies Act, 2013 and other laws and subject to approval of shareholders of the Company and other requisite statutory and regulatory approvals. The details, in accordance with the SEBI Master Circular No. HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as Annexure-A. 3. Approved the proposal to increase the authorised share capital of the Company from ₹50,00,00,000 to ₹60,00,00,000, divided into 6,00,00,000 Equity Shares of ₹10 each, in order to provide adequate authorised share capital for allotment of Equity Shares upon conversion of the proposed Warrants, subject to approval of the Members of the Company. Consequently, the Board approved the proposed alteration of the Capital Clause of the Memorandum of Association of the Company, subject to approval of the Members. The Board Meeting commenced at 12.15 P.M. and concluded at 02.10 P.M. You are requested to take the above information on record. Thanking you, Yours faithfully, For Apollo Pipes Limited Gourab Kumar Nayak Company Secretary and Compliance Officer Encl. as above Annexure A Details on Preferential Allotment in terms of SEBI Master Circular No. HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026: S. Particulars Disclosures 1. Type of securities proposed Fully Convertible Warrants (“FCWs” or “Warrants”) to be issued 2. Type of issuance Preferential Issue 3. Total number of securities Issue of up-to 31,00,000 Fully Convertible Warrants at an proposed to be issued or issue price of Rs. 610/- each in accordance with provisions total amount for which the of Chapter V of SEBI (Issue of Capital and Disclosure securities will be issued Requirements) Regulations, 2018 aggregating up to ₹189,10,00,000/- (Rupees One Hundred Eighty Nine Crore Ten Lakh Only) 4. Name of the Investors Non-Promoter Category 1. AGDG Enterprises LLP 2. Rachita Gupta 3. Gaurav Arora 4. Rohit D Gupta 5. Anshvardhan Modi 6. Poonam Krishna Patel 7. Ekta Tayal 8. Sukumar Srinivas 5. Post allotment of securities Enclosed as Annexure I. - outcome of the subscription, issue price / allotted price (in case of convertibles), number of investors; 6. Issue price Rs. 610/- 7. Tenure/ Conversion Upto 31,00,000 (Rupees Thirty One Lakh) Warrants of face value of Rs. 10/- each are convertible into Equal number of Equity Shares of Rs. 10/- each within a maximum period of 18 months from the date of allotment of such Warrants. 8. Nature of Consideration Cash 9. Any Cancellation or Not Applicable termination of proposal for issuance of securities including reasons thereof Annexure I The table below sets out the pre and post Preferential Issue shareholding of the proposed allottees: S. Investor Pre-preferential Issue Post-preferential Issue* No. No. of shares % of No. of % of held holding shares held holding 1. AGDG Enterprises LLP Nil Nil 12,00,000 2.44 2. Rachita Gupta Nil Nil 8,00,000 1.63 3. Gaurav Arora Nil Nil 0 .61 3,00,000 4. Rohit D Gupta Nil Nil 2,00,000 0.41 5. Anshvardhan Modi Nil Nil 2,00,000 0.41 6. Poonam Krishna Patel Nil Nil 2,00,000 0.41 7. Ekta Tayal Nil Nil 1,00,000 0.20 8. Sukumar Srinivas Nil Nil 1,00,000 0.20 Total 31,00,000 6.31 Note: *Post-Preferential Issue shareholding is calculated on a fully diluted basis on the post issue paid-up equity share capital, assuming conversion of the existing outstanding warrants and full conversion of the 31,00,000 Warrants proposed to be issued pursuant to the Preferential Issue into an equivalent number of Equity Shares.