Prince Pipes has completed the second phase of an asset acquisition in Bhuj, Gujarat, marking a strategic move to expand their operations and boost their bathware portfolio under the Aquel brand. This move aims to support diversification and growth within the Prince portfolio.

Prince Pipes & Fittings has completed the acquisition of Bhuj manufacturing unit's assets, expanding its production capabilities and strengthening its market position.

Prince Pipes has been issued a GST demand of approximately INR 31.1 lakh for fiscal year 2019-20, which they believe is unjustified. The company intends to contest this order within the stipulated timeframe.