NSEUpdates1d ago · 17 Sept 2026, 05:27 pm

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Apollo Pipes Limited · APOLLOPIPE

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Apollo Pipes Limited has informed the Exchange regarding the incorporation of a wholly owned subsidiary, Apollo Ceramics Limited, on September 17, 2026.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Apollo Pipes Limited has informed the Exchange regarding 'Incorporation of a Wholly Owned Subsidiary'.

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APOLLOPIPE_17092026172648_IntimationIncorporation.pdf

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September 17, 2026 The National Stock Exchange of India Limited Department of Corporate Services/Listing Exchange Plaza, 5th Floor, BSE Limited Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (East), Dalal Street, Fort, Mumbai – 400 051 Mumbai – 400 001 N SE Symbol: APOLLOPIPE S CRIP Code: 531761 Subject: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 – Incorporation of a Wholly Owned Subsidiary Company Dear Sir/Madam, In continuation of our intimation dated August 31, 2026, and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended and other applicable rules and regulations, we wish to inform you that as per the approval of Registrar of Companies, a wholly owned Subsidiary named "Apollo Ceramics Limited" is incorporated on September 17, 2026. The detailed information as required under Regulation 30 read with events specified in Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended, are enclosed herewith as “Annexure-A”. You are requested to take the above information on record. Thanking you, Yours faithfully, For Apollo Pipes Limited Gourab Kumar Nayak Company Secretary and Compliance Officer Annexure A Details as required under Regulation 30 of Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Sl Particulars Details 1. Name of the entity, date & country of Name of entity- Apollo Ceramics Limited incorporation, etc.; Date of Incorporation: September 17, 2026 Country of Incorporation: India 2 Name of holding company of the Apollo Pipes Limited is the holding company incorporated company and relation with the of Apollo Ceramics Limited. Apollo Ceramics listed entity; Limited is a wholly owned Subsidiary of Apollo Pipes Limited. 3 Industry to which the entity being Building materials industry incorporated belongs; (Tiles and Ceramics) 4 Brief background about the entity Apollo Ceramics Limited is incorporated to incorporated in terms of products / line of undertake the business of manufacturing, business; including contract manufacturing, trading, marketing and distribution of tiles, ceramics and allied products. 5 Brief details of any governmental or Not Applicable regulatory approvals required for the incorporation; 6 Nature of consideration - whether cash Cash consideration consideration or share swap and details of the same; 7 Cost of subscription/price at which the shares Apollo Ceramics Limited is incorporated with are subscribed; authorized capital of Rs. 100,00,00,000/- divided into 10,00,00,000 equity shares of Rs. 10/- each. The paid-up share capital at incorporation is Rs. 5,00,000/- divided into 50,000 equity shares of Rs. 10/- each. The entire paid-up share capital is held by the Company as on date. 8 Percentage of shareholding/control by the 100% shareholding of Apollo Ceramics listed entity and / or number of shares Limited is held by Apollo Pipes Limited allotted.