Apollo Pipes has announced the appointment of Parag Dadeech as Chief Operating Officer, effective March 2, 2026. The appointment represents a strategic addition to the company's leadership team, bringing extensive industry expertise and advanced qualifications to the organization.

Leadership Appointment Details

The new COO brings substantial experience to his role, with 28 years of global manufacturing experience across various markets and operational environments. His professional journey encompasses key domains including Business Excellence, World Class Manufacturing, Operations Management, Global Supply Chain, Capital Projects, and International Business.

Professional Qualifications

Dadeech holds impressive academic and professional credentials that strengthen his appointment. He possesses a Master's degree in Chemical Engineering from the University of Tennessee (USA), demonstrating his technical expertise in engineering processes. Additionally, he has completed an Advanced Program on Supply Chain Management from IIM Kolkata, enhancing his strategic management capabilities.

Strategic Implications

The appointment of an experienced manufacturing professional as COO indicates Apollo Pipes' commitment to strengthening its operational leadership. Dadeech's global manufacturing experience spans nearly three decades, providing the company with seasoned expertise in operational management and manufacturing processes. His certification as a Lean Six Sigma Master Black Belt further demonstrates his commitment to operational excellence and continuous improvement methodologies.

This leadership addition comes as part of the company's ongoing efforts to enhance its management structure and operational capabilities. The appointment reflects a forward-looking approach to organizational development and strategic planning, with the Board of Directors approving the appointment based on recommendations from the Nomination and Remuneration Committee.

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.