StockWatch
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Plastic Products - Industrial
Subsidiary17 Sept 2026, 05:30 pm

Apollo Pipes Incorporates Wholly Owned Subsidiary: Apollo Ceramics

AI Summary

Apollo Pipes Limited has announced the incorporation of its wholly owned subsidiary, Apollo Ceramics Limited, on September 17, 2026. This new entity, registered in India, will focus on the manufacturing, trading, marketing, and distribution of tiles, ceramics, and allied products. The incorporation is a strategic move to expand into the building materials sector, specifically tiles and ceramics. Apollo Ceramics has an authorized capital of Rs. 100 crore and an initial paid-up share capital of Rs. 5 lakh, entirely held by Apollo Pipes Limited.

Key Highlights

  • Apollo Pipes Ltd incorporated a wholly owned subsidiary, Apollo Ceramics Limited.
  • The subsidiary will engage in manufacturing and trading of tiles and ceramics.
  • Apollo Ceramics has an authorized capital of Rs. 100 crore.
  • The move signifies expansion into the building materials sector.