Prince Pipes and Fittings Ltd

Prince Pipes and Fittings Limited will hold a board meeting on Tuesday, November 3, 2026, to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026, and the limited review report from its statutory auditors, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Ltd. The company has also closed its trading window for securities from Thursday, October 1, 2026, to Thursday, November 5, 2026, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Prince Pipes and Fittings Limited informed the Bombay Stock Exchange and National Stock Exchange of India that MUFG Intime India Private Limited, the company's Registrar and Share Transfer Agent, confirmed compliance under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026.

Prince Pipes and Fittings Limited has received a Show Cause cum Demand Notice dated September 29, 2026, from the Office of the Deputy Commissioner, State Goods & Service taxes Department, Government of Rajasthan, Jaipur, pertaining to financial year 2022-23. The notice, issued under Section 73 of the CGST/RGST Act, 2017, alleges discrepancies in outward tax declared in E-way Bills compared to GSTR3B and excess Input Tax Credit (ITC) claimed, totaling Rs 2,74,41,122, comprising Rs 1,52,32,048 in tax, Rs 95,96,190 in interest, and Rs 26,12,884 in penalty. The company maintains the demand is not maintainable, is evaluating the matter, and anticipates no significant financial, operational, or other impact.

Prince Pipes and Fittings Limited has received a Show Cause cum Demand Notice dated September 29, 2026, from the Office of the Commercial Tax Officer in Karnataka, pertaining to the financial year 2022-23. The notice, issued under Section 73 of the CGST/KGST Act, 2017, alleges issues related to outward tax in E-way Bills and claimed Input Tax Credit (ITC), totaling Rs 65,93,632, comprising Rs 39,62,120 in IGST, Rs 13,15,756 in CGST, and Rs 13,15,756 in SGST. According to the company's assessment, the demand is not maintainable, and Prince Pipes intends to submit a reply within the prescribed timeframe, anticipating no significant impact on its financial or operational activities.

Prince Pipes and Fittings Limited informed the Bombay Stock Exchange and National Stock Exchange of India that the trading window for dealing in securities of the company will be closed for designated persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter and half year ended September 30, 2026.

Prince Pipes and Fittings Limited announced that its shareholders approved the re-appointment of Jayant S. Chheda as Chairman and Managing Director for three years, from August 21, 2026, to August 20, 2029, and Parag J. Chheda and Vipul J. Chheda as Joint Managing Director and Executive Director, respectively, for the same period. Additionally, the company re-appointed M/s. N.A. Shah Associates LLP as its statutory auditors for a second five-year term, concluding at the 44th Annual General Meeting.

Prince Pipes and Fittings Limited informed the BSE Limited and National Stock Exchange of India Ltd. that its 39th Annual General Meeting will be held on September 16, 2026, with a book closure period from September 10, 2026, to September 16, 2026, and a record date for dividend on September 9, 2026; e-voting will be available from September 13, 2026, at 9:00 A.M. (IST) to September 15, 2026, at 5:00 P.M. (IST).

Prince Pipes & Fittings Ltd announced that it has received reaffirmed ratings across various instruments from multiple rating agencies, disclosed under Regulation 30 of SEBI LODR. The reaffirmed ratings pertain to instruments with unspecified amounts and unspecified ratings, with the reaffirmation received on August 07, 2026, and without any enhancements, assignments, or withdrawals noted by the rating agencies.

Prince Pipes and Fittings Ltd. announced a 5% year-over-year increase in revenue to INR 609 crore for the quarter ended June 30, 2026, according to a press release. The company, based in Mumbai, Maharashtra, reported earnings of INR 34 crore, a 580% year-over-year increase, with earnings per share margins at 6%. Volumes for the quarter were 40,729 metric tons, a 7% decrease year-over-year, while EBITDA rose to INR 77 crore, a 93% year-over-year increase, with margins at 13%.

Prince Pipes & Fittings will hold a meeting of the Board of Directors of the Company on 4 August 2026.