Transaction Details
- Acquirer: Rashmi Agrawal (Promoter and Chairperson)
- Number of shares acquired: 10,00,000 equity shares
- Face value: ₹10 per share
- Acquisition price: ₹45.65 per share (including premium of ₹35.65 per equity share)
- Percentage of total share capital: 3.25%
- Mode of acquisition: Preferential allotment
- Date of allotment: 13th October, 2026
- Board meeting date: 13th October, 2026
Holding Changes
Before acquisition:
- Shares carrying voting rights: 47,00,092
- Percentage of total share/voting capital: 16.10%
- Percentage of total diluted share/voting capital: 16.10%
- No shares encumbered (pledge/lien/non-disposal undertaking)
- No voting rights otherwise than by shares
- No warrants/convertible securities
Acquisition details:
- Shares carrying voting rights acquired: 10,00,000
- Percentage acquisition: 3.25% of total and diluted capital
After acquisition:
- Shares carrying voting rights: 57,00,092
- Percentage of total share/voting capital: 18.55%
- Percentage of total diluted share/voting capital: 18.55%
- No shares encumbered
- No voting rights otherwise than by equity shares
- No warrants/convertible securities
Capital Structure Impact
- Equity share capital before acquisition: ₹29,19,50,000 (29,195,000 equity shares of ₹10 each)
- Equity share capital after acquisition: ₹30,72,50,000 (30,725,000 equity shares of ₹10 each)
- Total diluted share/voting capital after acquisition: ₹30,72,50,000 (30,725,000 equity shares of ₹10 each)
Promoter Group and Persons Acting in Concert
The disclosure identifies the following as part of the promoter/promoter group:
- Mr. Vijay Prasad Pappu
- Mr. Mohan Lal Shah
- Mr. Rajesh Agrawal
- Mr. Ananda Umale
- Mr. Mahmood Khan
- Shree Padmavati Irrigations LLP
Persons Acting in Concert:
- Mr. Sanjay Kumar Agrawal as a partner of M/s Shree Venkatesh Industries
- Mrs. Rashmi Agrawal as a partner of M/s Shree Venkatesh Industries
Distribution
Copied to: The Company Secretary & Compliance Officer, Texmo Pipes and Products Limited, 98, Bahadarpur Road, Burhanpur (M.P.) 450331