Prince pipes & fittings Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling mandatory regulatory requirements under SEBI regulations for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed the certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 on April 14, 2026. Chief Financial Officer Anand Gupta signed the submission letter addressed to both BSE Limited and National Stock Exchange of India Limited.

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serves as the company's Registrar and Share Transfer Agent. The certificate confirms that securities received from depository participants for dematerialisation during the quarter were properly processed within prescribed timelines.

The registrar confirmed that all security certificates received for dematerialisation were verified, mutilated, and cancelled after due verification by depository participants. Additionally, the names of depositories were substituted in the register of members as registered owners according to regulatory requirements.

Company Operations

Prince Pipes and Fittings Limited operates as a manufacturer and exporter of UPVC, CPVC, PPR, and HDPE pipes, fittings, valves, and water tanks. The company maintains ISO certifications including ISO 50001:2018, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.

The filing represents routine regulatory compliance, ensuring transparency in the company's securities handling and dematerialisation processes as mandated by SEBI regulations.

Prince pipes & fittings has successfully completed the second phase of its Asset Purchase Agreement with Klaus Waren Fixtures Private Limited, acquiring the manufacturing facility in Bhuj, Gujarat. The company announced this completion through a regulatory filing under Regulation 30 of SEBI Listing Regulations.

Two-Phase Acquisition Strategy

The acquisition was structured in two distinct phases following the original Asset Purchase Agreement executed on March 20, 2024. The first phase involved acquiring the Aquel brand along with moulds, dies and related intellectual property, enabling immediate integration of the bathware portfolio. The second phase, now completed, encompasses the physical manufacturing infrastructure.

Manufacturing Infrastructure Details

The completed acquisition includes comprehensive manufacturing assets located at Bhuj, Gujarat. These assets comprise land parcel, buildings, machinery and manufacturing equipment, along with office furniture and fixtures. The facility will serve as the dedicated manufacturing base for the company's bathware operations under the "Aquel by Prince" brand.

Strategic Bathware Expansion

The acquisition strengthens Prince Pipes' strategic diversification into the bathware segment through its "Aquel by Prince" product portfolio, which includes faucets and bathroom accessories. The company plans to continue the measured build-out of the business through distribution expansion, product development and targeted brand investment.

Regulatory Compliance

The completion was announced through proper regulatory channels, with the company filing the disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The acquisition received necessary regulatory approvals before completion of the second phase.