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Prakash Pipes is engaged in the manufacturing of PVC pipes & fittings and packaging products. It was incorporated in June 2017 created out of ademerger from Prakash Industries Limited.
Prakash Pipes approved a ₹100 Cr Flexible Packaging capacity expansion at Kashipur, doubling output by March 2027. This move, funded by debt/internal accruals, aims to meet soaring domestic and export market demand, boosting future growth.
Prakash Pipes Limited has informed regarding the acquisition of 26% equity share capital of BECIS Solar 3 Private Limited
Prakash Pipes (#PPL) has completed its strategic investment in BECIS Solar 3 Private Limited. PPL has acquired 26% equity by being allotted 3,51,352 shares, with a total investment of ₹3,58,379. This move secures a dedicated solar power supply for the company, aimed at enhancing energy efficiency and potentially reducing operational...
Prakash Pipes (PPL) announced that Prakash Industries, a promoter group entity, has fully repaid the ₹75 Cr loan to PPL. This move strengthens PPL's balance sheet by recovering funds and reduces related-party exposure. The company noted the original loan was conducted on an arm’s length basis and had all necessary...
Prakash Pipes Limited (#PPL) Board met and made key announcements: 1. **Interim Dividend:** An interim dividend of 10% (Rs. 1 per equity share on a face value of Rs. 10) has been approved. The record date for this dividend is Wednesday, 24th December, 2025. 2. **Solar Power Project:** To enhance...