BSEInsider Trading / SAST1d ago · 22 Oct 2026, 09:00 am

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for KITARA PIIN 2401 & Others

Apollo Pipes Ltd · 531761

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Apollo Pipes Ltd has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, indicating a substantial acquisition of shares by Kitara PIN 2401, Ohana India Growth Fund, and Amicorp Capital (Mauritius) Limited. The acquirers have acquired a total of 38,47,000 shares, representing 8.35% of the company's total voting capital.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Apollo Pipes Ltd - 531761 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011

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Disclosures under Regulation 29(1) of SEBI (SubstantialAcquisition of Shares and Takeovers) Regulations,2011 Part-A-DetailsoftheAcquisition 1. NameoftheTargetCompany(TC) ApolloPipesLimited(the“Company”) 2. Name(s) of the acquirer and PersonsAsperAnnexureI. Acting in Concert (PAC) with the acquirer 3. Whether the acquirer belongs toNo Promoter/Promotergroup 4. Name(s)oftheStockExchange(s)where i. BSELimited thesharesofTCareListed ii. NationalStockExchangeofIndia Limited 5. Details of the acquisition / disposal asNumber %w.r.t.Total %w.r.t.total follows share/voting diluted capitalwherevershare/voting applicable(*) capitaloftheTC (**) 6. Before the acquisition under consideration, holding of acquirer alongwithPACsof: 18,47,000 4.01% 4.01% a. Shares carrying voting rights (ReferAnnexureI) b. Shares in the nature of NIL N.A N.A encumbrance (pledge/ lien/ non-disposal undertaking/ others) c. Voting rights (VR) otherwise NIL N.A N.A thanbyshares d. Warrants/convertible securities/anyother instrument NIL N.A N.A that entitles the acquirer to receive shares carrying voting rights in the T C (specify holdingineachcategory) e. Total(a+b+c+d) 18,47,000 4.01% 4.01% 7. Detailsofacquisition/sale a. Shares carrying voting rights20,00,000 4.34% 4.34% acquired / sold (ReferAnnexure NIL N.A N.A b. VRs acquired /sold otherwise thanbyshares c. Warrants/convertible securities/any other instrument that entitles the acquirer toN.A N.A N.A receive shares carrying voting rightsintheTC(specifyholding ineachcategory)acquired/sold d. Shares encumbered / invoked / releasedbytheacquirer NIL N.A N.A e. Total(a+b+c+d) 20,00,000 4.34% 4.34% 8. Afterthe acquisition/ sale, holding of acquireralongwithPACsof: 38,47,000 8.35% 8.35% a. Shares carrying voting rights acquired(ReferAnnexureI) b. VRs otherwise than by equity shares NIL N.A N.A c. Warrants / convertible securities / any other instrument that NA N.A NA entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category)afteracquisition d. Shares in the nature of encumbrance(pledge/lien/non- NIL N.A N.A disposalundertaking/others) e. Total(a+b+c+d) 38,47,000 8.35% 8.35% 9. Mode of acquisition / sale (e.g. openAllotment of equity shares upon conversion of market/off-market/publicissue/rightswarrantsissuedonapreferentialallotmentbasis. issue / preferential allotment / inter-se transferetc). 10. SalientfeaturesofthesecuritiesacquiredEquityShares including time till redemption, ratio at which it can be converted into equity shares,etc. 10. Dateofacquisitionof/dateofreceiptof October17,2026 intimation of allotment of shares / VR/ warrants/convertiblesecurities/any other instrument that entitles the acquirer to receivesharesintheTC. 11. Equitysharecapital/totalvotingcapital Rs. 44,04,82,060 comprising 4,40,48,206 equity oftheTCbeforethesaidacquisition/ sharesofRs.10each. sale 12. Equitysharecapital/totalvotingcapital Rs46,04,82,060dividedinto4,60,48,206Equity oftheTCafterthesaidacquisition/sale SharesofRs.10/-each. 13. Totaldilutedshare/votingcapitalofthe Rs 46,04,82,060 divided into 4,60,48,206 Equity TCafterthesaidacquisition SharesofRs.10/-each. Part-B*** Name of the Target Company: Apollo Pipes Limited Name(s) of the acquirer and Whether the acquirer belongs PAN of the acquirer and/ or Persons Acting in Concert to Promoter/ Promoter group PACs (PAC) with the acquirer Kitara PIN 2401 (Acquirer) NNoo AALCK1426G Ohana India Growth Fund No AABTO0519P (Kitara PIIN 1103 through Alternate Investment Fund scheme - Ohana India Growth Fund) Amicorp Capital (Mauritius) No AAYCA8747M Limited (Kitara PIIN 1103 through Foreign Portfolio Investor - Amicorp Capital (Mauritius) Limited) Signature: For Kitara PIN 2401 Designation: Director Date: October 21, 2026 Place: Muscat Note: (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities into equity shares of the TC. (***) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated. Annexure I Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer Sr. Names of the Details before the Details of the Details After the No. acquirer and Acquisition Acquisition Acquisition Persons No. of % of No. of % of No. of % of Acting in Shares Holding Shares Holding Shares Holding Concert Acquired (PAC) with Acquired the acquirer 11.. KITARA - - 20,00,000 4.34 20,00,000 4.34 PIIN 2401 (Acquirer) 22.. Ohana India 9,77,000 2.12 - - 9,77,000 2.12 Growth Fund (Kitara PIIN 1103 through Alternate Investment Fund scheme - Ohana India Growth Fund) 33.. Amicorp 8,70,000 1.89 - - 8,70,000 1.89 Capital (Mauritius) Limited (Kitara PIIN 1103 through Foreign Portfolio Investor - Amicorp Capital (Mauritius) Limited) KPIIN 2401 Date: October 21, 2026 Apollo Pipes Limited (the “Company”) 37, Hargobind Enclave, Vikas Marg, Delhi- 110092, India To, To, Listing Department, Listing Department National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Bandra-Kurla Complex, Bandra P. J. Tower, Dalal Street, (East), Mumbai - 400 051. Mumbai 400 001 Equity Scrip Code: APOLLOPIPE Equity Scrip Code: 531761 Dear Sir(s), Sub: Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 For KITARA PIIN 2401 Director Place: Muscat Encl: As above