Apollo Pipes Limited has disclosed a substantial share acquisition by its promoter group entity through regulatory filing under SEBI SAST Regulations. S Gupta Holding Private Limited acquired 9.30 lakh equity shares representing 2.11% of the company's paid-up equity share capital through open market purchases.

Share Acquisition Details

The acquisition was completed across two trading sessions with detailed transaction information presented below:

The acquisition was executed in two tranches - 5.25 lakh shares on February 13, 2026, and 4.05 lakh shares on February 23, 2026, totaling 9.30 lakh equity shares.

Shareholding Pattern Changes

Following this acquisition, the promoter group's consolidated holding has increased significantly:

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to National Stock Exchange of India Limited and BSE Limited on February 24, 2026, by Managing Director Vinay Gupta (DIN: 00005149).

Promoter Group Structure

The complete promoter group holding after this acquisition includes multiple family members and entities:

S Gupta Holding Private Limited, formerly known as APL Infrastructure Private Limited, is registered in Ghaziabad, Uttar Pradesh. The company's equity share capital remains unchanged at ₹44.05 crore, representing 4.40 crore equity shares of ₹10 each.

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.