Corporate News     10-Jul-23
APL Apollo Tubes arm receives state govt. grants aggregating Rs 500 cr
For setting up manufacturing facility in Chhattisgarh State
APL Apollo Building Products, a wholly owned subsidiary of APL Apollo Tubes, has been granted Incentives of Rs. 500 crore by State Investment Promotion Board (SIPB), Government of Chhattisgarh under the following heads:

1. Relaxation of Stamp duty
2. 75% Net SGST for 15 years
3. Electricity duty exemption for a period of 15 years Limited
4. Transport subsidy towards exports for 15 years

The above mentioned incentives are granted for establishment of manufacturing facility by APL Apollo Building Products at Rigni Village, Tahsil - Simga, Baloda Bazar District in Chhattisgarh State.

Previous News
  Board of APL Apollo Tubes appoints Director (Operations) and Group CFO
 ( Corporate News - 12-May-23   18:18 )
  APL Apollo Tubes Ltd spurts 1.1%, gains for third straight session
 ( Hot Pursuit - 16-Feb-24   13:05 )
  APL Apollo Tubes receives reaffirmation in credit ratings
 ( Corporate News - 30-Dec-23   12:40 )
  APL Apollo Tubes consolidated net profit rises 23.81% in the March 2023 quarter
 ( Results - Announcements 12-May-23   17:50 )
  Coal India Ltd Slips 4.27%
 ( Hot Pursuit - 01-Jun-23   09:45 )
  APL Apollo Tubes Ltd spurts 0.11%, up for five straight sessions
 ( Hot Pursuit - 28-Aug-23   13:00 )
  Hindalco Industries Ltd Surges 2.14%
 ( Hot Pursuit - 04-Aug-23   09:30 )
  APL Apollo Tubes Ltd up for third consecutive session
 ( Hot Pursuit - 15-Feb-23   13:05 )
  APL Apollo Tubes to announce Quarterly Result
 ( Corporate News - 03-May-22   15:44 )
  APL Apollo Tubes Ltd up for five straight sessions
 ( Hot Pursuit - 08-Nov-21   13:01 )
  APL Apollo receives ratings action from ICRA
 ( Corporate News - 19-Nov-21   12:19 )
Other Stories
  Lesha Industries to convene board meeting
  29-Jun-24   17:39
  Elecon Engineering Company to conduct board meeting
  29-Jun-24   17:39
  Mahamaya Steel Industries schedules AGM
  29-Jun-24   17:38
  Vivimed Labs to hold board meeting
  29-Jun-24   17:38
  3C IT Solutions and Telecoms (India) to hold board meeting
  29-Jun-24   17:38
  Purple Finance to consider fund raising
  29-Jun-24   17:38
  UGRO Capital to discuss results
  29-Jun-24   17:38
  Vivanza Biosciences to hold board meeting
  29-Jun-24   17:37
  Samrat Pharmachem to declare Quarterly Result
  29-Jun-24   17:37
  VL E-Governance & IT Solutions announces board meeting date
  29-Jun-24   17:37
Back Top