Apollo Pipes gains 7.5% on acquiring additional 3.34% stake in Kisan MouldingsApollo Pipes gains 7.5% on acquiring additional 3.34% stake in Kisan Mouldings

Introduction

Leading PVC pipes and fittings manufacturer increases its stake in a subsidiary from 58.60% to 61.94%, with the subsidiary reporting a turnover of Rs. 273.35 crore.

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Share price movement of Apollo Pipes

On February 25, 2026, Apollo Pipes Ltd opened at ₹326.40, up 0.02% from its previous close of ₹326.35. The stock reached a high of ₹350.95 (7.58%) and a low of ₹326.40. By 3:40 PM, it traded at ₹341.00, a 4.49% increase, with a market cap of ₹1,502.04 crore.

Apollo Pipes Raises KML Stake

Apollo Pipes Limited has acquired an additional 3.34% equity stake in its subsidiary, Kisan Mouldings Limited (KML), through a secondary purchase. Holding in KML increased from 58.60% to 61.94%.

KML has a paid-up equity capital of Rs. 119.46 crore and reported a turnover of Rs. 273.35 crore for the financial year ending March 31, 2025. The acquisition does not involve related parties.

Apollo Pipes stated the investment is strategic. KML operates in the PVC pipes and fittings industry. No promoter, promoter group, or group company has any interest in this acquisition.

Stock performance of Apollo Pipes for period of 1 week, 6 months, and 1 year

Apollo Pipes Ltd delivered a -1.71% return over the past week, declined 19.3% in the past 6 months, and fell 11.5% over the past 1 year.

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Shareholding pattern of Apollo Pipes

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	47%	46.80%	46.80%
FII	3.60%	3.70%	4.30%
DII	12.40%	14.60%	15.30%
Public	36.90%	34.60%	33.30%
Others	0.30%	0.30%	0.30%

About Apollo Pipes

Apollo Pipes Ltd (NSE: APOLLOPIPE) manufactures and trades cPVC, uPVC, HDPE pipes, fittings, and water storage solutions, serving agriculture, construction, infrastructure, water management, and telecom ducting segments in India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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