Apollo pipes Limited has strengthened its position in the PVC pipes and fittings segment by acquiring an additional 3.34% equity stake in its subsidiary Kisan Mouldings Limited (KML) for approximately Rs. 9.8 crores. The transaction, completed through a secondary purchase, increases the company's shareholding in KML from 58.60% to 61.94%.

Transaction Details

The acquisition was structured as a strategic investment by Apollo Pipes Limited in its existing subsidiary. The transaction details are summarized below:

About Kisan Mouldings Limited

Kisan Mouldings Limited, incorporated on November 20, 1989, operates in the same industry vertical as its parent company. The subsidiary is primarily engaged in manufacturing PVC pipes, fittings, UV resistant multi-layer water tanks and allied products. KML serves as one of the largest manufacturers of multiple applications of pipes for water supply, sanitation, sewerage, construction, cable ducting, drinking water, tube wells, submersible pumps and other polymer products.

Financial Performance

KML maintains a substantial operational scale with a paid-up equity share capital of Rs. 1,19,46,30,650. The company's revenue performance over the last three years demonstrates stability:

Strategic Rationale

The acquisition represents a strategic investment by Apollo Pipes Limited as the holding company of the target entity. The transaction aligns with the company's focus on strengthening its presence in the PVC pipes and fittings industry. Notably, the acquisition does not fall within the definition of related party transactions, and no promoter, promoter group, or group companies have any interest in this equity stake acquisition.

Regulatory Compliance

Apollo Pipes Limited has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both the National Stock Exchange of India Limited and BSE Limited about this strategic investment, ensuring complete transparency with stakeholders.

Apollo Pipes Limited has disclosed a significant share acquisition by its promoter group entity through a regulatory filing under SEBI insider trading regulations. The transaction represents a notable investment by the promoter group in the company's equity shares.

Share Acquisition Details

S Gupta Holding Private Limited, identified as a member of Apollo Pipes' promoter group, acquired 5.25 lakh equity shares of the company through market purchase. The transaction details are presented below:

Regulatory Compliance

The acquisition was disclosed through Form C filing under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Company Secretary and Compliance Officer Gourab Kumar Nayak submitted the disclosure to both National Stock Exchange of India Limited and BSE Limited on February 19, 2026.

Entity Background

S Gupta Holding Private Limited, formerly known as APL Infrastructure Private Limited, is registered with PAN AADCB0069J and CIN U64990UP2006PTC076230. The entity is located at 36, Kaushambi, Behind Wave Cinema, Near Anand Vihar Terminal, Ghaziabad, Uttar Pradesh-201010.

Transaction Structure

Prior to this acquisition, S Gupta Holding Private Limited held no equity shares in Apollo Pipes Limited. The market purchase transaction was completed between February 13-13, 2026, with intimation to the company provided on February 17, 2026. The filing confirms that no derivative trading was undertaken in connection with this transaction.

The disclosure was signed by Vinay Gupta, Managing Director of S Gupta Holding Private Limited (DIN: 00005149), and dated February 17, 2026, from Ghaziabad.