Kotak Mutual Fund no longer appears among Apollo Pipes Limited's disclosed shareholders, having last held 3.46 percent. This reflects either a full exit or a trim below the 1 percent disclosure level.
A leading manufacturer and trader of piping solutions in India, Apollo Pipes produces cPVC, uPVC, and HDPE pipes along with PVC fittings, taps, water storage tanks, and solvent cement for industrial applications. The company serves diverse sectors including agriculture, water management, construction, infrastructure, and telecom ducting. It ranks among India's top ten piping solution providers by market presence and product range.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.
