PPIH 8-K: Acquisition

Filed with the SEC on · accession 0001437749-26-036229

PPIH filed a 8-K (current report) with the SEC on Nov 10, 2026. Perma-Pipe International Holdings' wholly owned subsidiary Perma-Pipe QA entered into a Share Purchase Agreement to acquire 51% of Welspun Special Coating Private Limited, a newly formed Indian company that will undertake internal fusion bonded epoxy (IFBE) coating works for steel pipe… The stock moved -0.4% by the first close after the filing.

Summary of the filing

Perma-Pipe International Holdings' wholly owned subsidiary Perma-Pipe QA entered into a Share Purchase Agreement to acquire 51% of Welspun Special Coating Private Limited, a newly formed Indian company that will undertake internal fusion bonded epoxy (IFBE) coating works for steel pipe applications, for INR 51,000 in cash. Welspun Corp. will acquire the remaining 49%.

Key details

Cash consideration for 51% equity stake in Welspun Special Coating Private LimitedINR 51K
Cash consideration for 49% equity stake in Welspun Special Coating Private LimitedINR 49K
Registrant and parent of acquirerPerma-Pipe International Holdings, Inc.
Wholly owned subsidiary of perma-pipe international holdings, acquirer of 51% stakePerma-Pipe QA
SellerWelspun DI Pipes Limited
Co-investor acquiring 49% stakeWelspun Corp Limited
Target companyWelspun Special Coating Private Limited
Perma-pipe qa nominee directorSaleh Sagr
Perma-pipe qa nominee directorParas Devidas Karani
Company directorKetan Hasmukhlal Patel
Vice president and chief financial officerMatthew E. Lewicki

How PPIH stock reacted

Close before

$29.65

Nov 9, 2026

First close after

-0.40%

$29.53

5 trading days

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Since filing

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Frequently asked questions

What did PPIH file with the SEC on Nov 10, 2026?

PPIH filed a 8-K (Acquisition). Perma-Pipe International Holdings' wholly owned subsidiary Perma-Pipe QA entered into a Share Purchase Agreement to acquire 51% of Welspun Special Coating Private Limited, a newly formed Indian company that will undertake internal fusion bonded epoxy (IFBE) coating works for steel pipe applications, for INR 51,000 in cash. Welspun Corp. will acquire the remaining 49%.

What does a acquisition mean for PPIH stock?

A contract important enough that investors need to know about it — a big customer contract, a loan, a merger agreement or a partnership.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did PPIH stock react to this filing?

PPIH closed at $29.65 before the filing and $29.53 on Nov 10, 2026 (-0.40%).

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