Outcome of Board Meeting held on Jun 27, 2026

APL Apollo Tubes Ltd. announced that its Board of Directors approved the disinvestment of the company's entire shareholding in its wholly owned subsidiary, Blue Ocean Projects Private Limited, to SG Realtor Private Limited for an aggregate consideration of ₹160 crore. This decision was made during a board meeting held on June 27, 2026. The company has provided the necessary disclosures as required by SEBI regulations.

Reported results are the point at which prior management commitments become checkable against audited or reviewed numbers.

• Margin trend against the prior period
• Cash from operations against reported profit
• Whether prior guidance is reaffirmed
• For full year, we do expect and we are confident that we will be able to achieve 20% growth in absolute EBITDA (management committed by FY27)
• We do expect that our EBITDA spreads will remain in range of INR5,000 to INR5,500 per ton throughout the year. (management committed by FY27)