Apollo Pipes gets nod to acquire assets of Kisan Mouldings' Kamataka unit
18th Jul 2019

Apollo Pipes has received an approval for acquisition of assets along with the related properties, rights, benefits, etc. of one of the production unit of Kisan Mouldings, located at Kora Hubli, Tumkur Taluka. Kamataka, having production capacity of 9, 000 MTPA.

The proposed acquisition is subject to the successful completion of Due Diligence by the company and valuations of the assets. The Finance Committee of Board of Directors of the company at its meeting held on July 18, 2019, approved the same.

Apollo Pipes is among the top 10 leading piping solution providing Company in India.