APL Apollo Tubes Ltd allots 750 NCDs

The Board of Directors of APL Apollo Tubes Ltd at its meeting held on September 28, 2015 has allotted 750 (Seven Hundred and Fifty) rated, secured, redeemable, non-cumulative, taxable non-convertible debentures having face value of Rs. 10,00,000 (Rupees Ten Lakhs) each at par on a private placement basis aggregating to Rs. 75,00,00,000 (Rupees Seventy Five Crores Only) to HDFC Asset Management Company Limited.

Shares of APL APOLLO TUBES LTD. was last trading in BSE at Rs.491.5 as compared to the previous close of Rs. 497.6. The total number of shares traded during the day was 1515 in over 202 trades.

The stock hit an intraday high of Rs. 511 and intraday low of 491.5. The net turnover during the day was Rs. 753843.

Source : Equity Bulls

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