New World Fund, Inc. has increased its shareholding in APL Apollo Tubes Ltd. by acquiring an additional 2,412,686 shares, representing 0.8690% of the total voting capital. Following this transaction, the acquirer’s total holding, in concert with Persons Acting in Concert (PACs), now stands at 14,703,144 shares, or 5.2958% of the total diluted share capital. The acquisition was executed via the open market on February 12, 2026.
Details of Substantial Shareholding Change
This disclosure outlines a change in the shareholding pattern of APL Apollo Tubes Ltd. (ISIN: INE702C01027) by the entity New World Fund, Inc. and its Persons Acting in Concert (PACs). The acquisition transaction was completed on 12 February 2026.
Acquisition Transaction Summary
The core of this acquisition involved the purchase of 2,412,686 shares carrying voting rights. This figure translates to an acquisition of 0.8690% of the total share/voting capital, calculated based on the total capital wherever applicable. The mode of acquisition used was Net acquisition through open market.
The details of the acquisition are summarized as follows:
- Shares acquired (carrying voting rights): 2,412,686 (0.8690% of capital).
- Total acquisition (a+b+c+/-d): 2,412,686 shares, representing 0.8690% of capital.
Holding Before and After Acquisition
Holding Before Acquisition
Prior to the current transaction, the total holding of the acquirer and its PACs was 12,290,458 shares, representing 4.4268% of both the total share capital and the total diluted share capital.
Holding After Acquisition
Post-acquisition, the combined holding has increased substantially:
- Shares carrying voting rights: 14,703,144.
- Percentage w.r.t. total share capital: 5.2958%.
- Percentage w.r.t. total diluted share capital: 5.2958%.
Capital Structure Context
The disclosure confirms that the equity share capital/total voting capital of APL Apollo Tubes Ltd. remained unchanged immediately before and after the said acquisition, standing at 277,636,026 shares. Consequently, the total diluted share/voting capital also remained 277,636,026.
Declaration Details
The document was signed by the authorized signatory on 13 February 2026, from Los Angeles, California, acknowledging the acquisition date of 12 February 2026. The investment adviser responsible for the filing is Capital Research and Management Company, represented by Christopher J. Salo.
Source: BSE
