APL Apollo Tubes Limited announced that at the board of directors meeting held on September 9, 2017, it has approved appointment of Shri. Sharad Mahendra as whole time director of the company with effect from September 9, 2017. Subject to approval of shareholders through postal ballot. Sh. Mahendra is B.E. Mechanical with more than 27 years of experience in Automobiles, steel and chemical industry.

The company also recommended to the shareholders of the company for approval through postal ballot, the issue and allotment of Non-convertible debentures upto INR 2,000 million.