Apollo Pipes' subsidiary acquired a 76% controlling stake in Mazzini Tiles LLP for ₹40.42 Crore, expanding its presence into the tiles and ceramics market.
Apollo Pipes Limited is raising ₹189.10 Crore through a preferential issue of 31 lakh equity shares. This capital infusion strengthens the company's financial position.
Apollo Pipes Merger & Restructuring Worth ₹0.05 Cr
Apollo Pipes Ltd incorporated a wholly owned subsidiary, Apollo Ceramics Limited, to manufacture and trade tiles and ceramics. The investment involved is ₹0.05 Crore.
Apollo Pipes Ltd issued a corrigendum to its Postal Ballot Notice dated August 31, 2026, regarding its proposed preferential issue of fully convertible warrants.
CRISIL Ratings has upgraded the credit rating of Apollo Pipes Ltd to CRISIL A1+. This action reflects an improvement in the company's credit assessment.
Apollo Pipes Ltd received a credit rating upgrade from CRISIL Ratings for its bank facilities. The ratings for total facilities of ₹280 Crore were upgraded.
Apollo Pipes announced a preferential issue of fully convertible warrants totaling ₹189.10 Crore to non-promoter investors. This fundraising activity alters the company's capital structure.
Apollo Pipes issued a postal ballot notice for increasing authorized share capital and seeking approval for a preferential issue of convertible warrants to non-promoters.
Apollo Pipes Limited issued a Postal Ballot notice seeking shareholder approval for increasing authorized share capital and a preferential issue of warrants worth ₹189.10 Crore.
Apollo Pipes Board approved a ₹189.10 Crore preferential issuance of 31 lakh warrants to non-promoters. It also approved a ₹300 Crore investment for a tiles and ceramics subsidiary.
Apollo Pipes Limited scheduled a board meeting for 31st August 2026 to consider a proposal for raising funds via equity or convertible securities issuance.
Promoter group members of Apollo Pipes Limited acquired 13,50,000 equity shares from the open market. This transaction increased the promoter group's total stake by 3.06%.
Apollo Pipes held its 40th Annual General Meeting on August 04, 2026. Shareholders approved resolutions, including a final dividend of Rs. 0.70 per equity share.
Q1FY27 was soft with flat YoY sales volume due to extreme 30% PVC resin price drops in April. Normalized EBITDA margins stood at 7% on consolidated basis.
Apollo Pipes Limited submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report monitors proceeds from a Rs. 110.00 Crore preferential issue of warrants.
Apollo Pipes reported Q1FY27 revenue of ₹295.4 Cr (7% YoY increase) but incurred a net loss of ₹8.6 Cr. Strategy focuses on capacity expansion and pan-India footprint through organic growth and the Kisan Mouldings acquisition.
Apollo Pipes has scheduled a board meeting on July 30, 2026, to consider and approve the standalone and consolidated unaudited financial results for the June quarter.
Apollo Pipes Limited submitted its Business Responsibility and Sustainability Report for FY 2025-26. The report details company ESG initiatives and operational highlights.
Apollo Pipes scheduled its 40th AGM for August 04, 2026. Agenda includes a Rs.0.70 dividend declaration and approval of a new Stock Appreciation Rights Scheme.