StockWatch
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Plastic Products - Industrial
Shareholding7 Aug 2026, 11:01 am

S Gupta Holding & Others Acquire 3.06% Stake in Apollo Pipes

AI Summary

S Gupta Holding Private Limited and Mr. Dhruv Gupta, acting as Persons Acting in Concert (PACs), have acquired 13,50,000 equity shares, representing 3.06% of the paid-up equity share capital of Apollo Pipes Limited, through open market purchases. This acquisition increases their total holding to 54.78% of the company's equity share capital. The acquisition was executed between August 4th and August 6th, 2026. The total diluted share capital after the acquisition includes convertible warrants.

Key Highlights

  • S Gupta Holding & Dhruv Gupta acquired 3.06% stake in Apollo Pipes.
  • Total holding of acquirers now stands at 54.78%.
  • Acquisition was made through open market purchases.
  • The transaction occurred between August 4-6, 2026.
  • This filing is a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.