Acquisition / mergerFiled on BSE ·
Apollo Pipes acquires 76% controlling stake in Mazzini Tiles LLP via subsidiary
Apollo Pipes · Industrial Products
What the filing says
- Apollo Ceramics Limited, a subsidiary of Apollo Pipes, acquired 76% stake in Mazzini Tiles LLP for ₹40.42 crore on September 18, 2026
- Mazzini Tiles has 72 lakh sq. m. installed annual capacity with a modern manufacturing base in Morbi, Gujarat, and turnover of ₹87.15 crore in FY 2025-26
- Apollo Pipes approved a total investment envelope of up to ₹300 crore for tiles and ceramics business expansion through Mazzini and related activities
Original filing
Announcement under Regulation 30 (LODR)-Press Release / Media Release
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More from Apollo Pipes
- Board / shareholder meeting outcomeApollo Pipes Limited announces postal ballot results for share capital and warrants
- Acquisition / mergerApollo Pipes acquires 76% stake in Mazzini Tiles LLP to enter ceramic tiles sector
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.