Apollo Pipes Promoter Group Increases Stake by 3.06% Through Open Market Purchases
Promoter group members of Apollo Pipes Limited, including M/s. S Gupta Holding Private Limited and Dhruv Gupta, acquired 13,50,000 equity shares via open market transactions. This significant move increases the total promoter holding from 51.72% to 54.78%, reflecting internal confidence in the firm's trajectory.
Captain Polyplast Starts Production at New 70,000 Sq Ft Ahmedabad Plant
Captain Polyplast has operationalised its new manufacturing facility near Ahmedabad, marking a transition toward in-house component production. This 70,000 sq. ft. facility is designed to enhance margins through backward integration and expand capacity for driplines and HDPE pipes.