Malpani Pipes And Fittings Ltd

Malpani Pipes and Fittings Limited (MALPANI) announced the acquisition of 100% equity shares of M/s. Terex Industries Private Limited. This acquisition, approved by the Board of Directors on May 28, 2026, is expected to unlock significant long-term value by combining Malpani Pipe's manufacturing and export capabilities with Terex Industries' sectoral expertise and innovation. Upon completion, Terex Industries Private Limited will become a Wholly Owned Subsidiary of Malpani Pipes & Fittings Limited. The Board also considered and approved the Audited Financial Statements and Results for the financial year ended March 31, 2026.

Malpani Pipes and Fittings Limited's Board of Directors approved the acquisition of 100% equity shares of Terex Industries Private Limited on May 28, 2026. This acquisition will make Terex Industries a Wholly Owned Subsidiary of Malpani Pipes. The company anticipates that this strategic move will unlock significant long-term value by integrating Malpani's manufacturing and export capabilities with Terex's sectoral expertise and innovation. Additionally, the Board also approved the Audited Financial Statements and Results for the financial year ended March 31, 2026.

Malpani Pipes and Fittings Limited's Board of Directors approved the Audited Financial Statements and Results for the financial year ended March 31, 2026, with an unmodified auditor's opinion. Concurrently, the Board approved the acquisition of 100% equity shares of M/s. Terex Industries Private Limited. This strategic acquisition aims to combine Malpani Pipe's manufacturing and export capabilities with Terex Industries' sectoral expertise, unlocking significant long-term value. Post-acquisition, Terex Industries will operate as a Wholly Owned Subsidiary of Malpani Pipes & Fittings Limited.

Malpani Pipes and Fittings Limited announced its audited financial results for the year ended March 31, 2026, reporting a profit of ₹902.91 Lakhs and revenue from operations of ₹16,303.32 Lakhs. The Board also approved the acquisition of 100% equity shares of Terex Industries Private Limited. This acquisition is expected to create long-term value by leveraging Malpani's manufacturing and export capabilities with Terex's expertise, making Terex a wholly-owned subsidiary.

Malpani Pipes And Fittings Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the Audited Standalone Financial Results for the half year and year ended March 31, 2026. The trading window for dealing in the company's securities is currently closed and will reopen 48 hours after the results are declared.

Malpani Pipes And Fittings Ltd has announced the closure of the trading window for the insiders of the company. The closure will be in effect from Wednesday, April 01, 2026, till 48 hours after the declaration and publication of Audited Financial Results for the half year and year ended March 31, 2026. This decision is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Internal Procedures and Conduct for Prevention of Insider Trading in Securities. The closure has been intimated based on BSE Circular no. LIST /COMP/01/2019-20 dated April 2, 2019, and the Securities and Exchange Board of India (Prohibition of Insider Trading) (Second Amendment) Regulations, 2019.

In a recent board meeting, the Board of Directors of Malpani Pipes And Fittings Ltd approved the resignation of CA Aman Jain as the Internal Auditor for the financial year 2025-26. The board noted that Jain resigned due to pre-occupancy in other assignments and will assist in a smooth transition to the new auditor. The board also appointed CA Aditya Parwal as the new Internal Auditor for the financial year 2025-26. Parwal is a Chartered Accountant with over 6 years of experience in Taxation, Audit, and Financial Compliance.

The Board of Directors of Malpani Pipes And Fittings Ltd, in their Board Meeting held on March 10, 2026, have approved the resignation of CA Aman Jain as the Internal Auditor for the financial year 2025-26. The Board has noted that there are no material reasons for his resignation other than those mentioned in his resignation letter. Following this, CA Aditya Parwal has been appointed as the new Internal Auditor for the same financial year. CA Aditya Parwal is a Chartered Accountant with over 6 years of experience in Taxation, Audit, and Financial Compliance.

Malpani Pipes and Fittings Limited has announced its financial performance for the third quarter of FY 2025-26, demonstrating a robust performance and sustained growth momentum despite a challenging operating environment. The company reported revenues of ₹4,665.17 Lakhs, marking a YoY growth of 36.97%. On a cumulative basis, revenues for the nine months ended FY26 stood at ₹11,621.31 Lakhs, registering a solid YoY growth of 26.60%. The growth was driven by improved market penetration, operating leverage, and disciplined cost management. Margins remained in line with H1 FY26 levels, and the company is focused on improving profitability through scale benefits, product mix optimization, and ongoing efficiency initiatives.

Malpani Pipes and Fittings Limited has reported robust growth in the first half of FY26, with a 20.49% year-on-year increase in revenue, outperforming the industry growth rate. The company's total income, EBITDA, net profit, and earnings per share (EPS) also saw significant increases. Located in Ratlam, the company is well-positioned to seize long-term opportunities in India's infrastructure and agriculture sectors, and is committed to innovation, sustained growth, and delivering value to stakeholders.