Man Industries acquires 100% stake in National Pipe Company for ₹1,000 Crores
Man Industries (India) · Industrial Products
Key highlights
- Man International Steel Industries Company, a wholly owned subsidiary, acquired 100% equity in NPC
- Acquisition cost USD 102 million (~₹1,000 Crores), completed on May 21, 2026
- NPC manufactures HSAW and LSAW pipes, with 430,000 MT capacity, serving major clients like Saudi Aramco and Qatar Petroleum
Why it's rated notable: amount is ₹500 crore or more
Original filing
Board Meeting Outcome for Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Man Industries (India)
- Order winNotableMan Industries (India) Limited receives new orders worth approx. ₹600 Crores
- Order winNotableMan Industries (India) Limited receives new orders worth approx. ₹1,000 Crores
- Acquisition / mergerMajor development· Adverse for the businessMan Industries reports FY26 highest-ever EBITDA and PAT margins; acquires Saudi NPC
- Acquisition / mergerNotableMan Industries completes acquisition of 100% stake in National Pipe Company (NPC)
- Acquisition / mergerNotableMAN Industries acquires National Pipe Company, Saudi Arabia for ₹1,000 Cr
Other acquisition / merger filings this fortnight
- Indo Borax reports H1FY27 consolidated operating income up 16.0% to Rs 129.29 crore
- Manoj Agrawal Acquires 1.00 Crore Shares in Cubical Financial Services Limited
- IndiGrid Infrastructure Trust Q2 FY27 Earnings Conference Call Transcript Released
- Cubical Financial Services Ltd announces promoter reclassification post open offer
- Novus Loyalty Limited approves acquisition of AutoPe Payment Solutions via share swap
- Shish Industries Limited files Composite Scheme of Amalgamation proposal
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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.