This disclosure is an intimation filed by Sanjay Kumar Agrawal, Promoter and Managing Director of Texmo Pipes and Products Limited, regarding the acquisition of equity shares through a preferential allotment. The filing is made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Quantitative Figures

  • Number of shares acquired: 530,000 equity shares
  • Percentage of total share/voting capital: 1.72%
  • Face value per share: ₹10
  • Acquisition price per share: ₹45.65
  • Premium per share: ₹35.65
  • Total acquisition value: ₹24,194,500 (530,000 shares × ₹45.65)

Parties Involved

  • Acquirer: Mr. Sanjay Kumar Agrawal (Promoter and Managing Director, DIN: 00316249)
  • Persons Acting in Concert (PAC):
  • Mrs. Rashmi Agrawal (Promoter)
  • Mr. Vijay Prasad Pappu (Promoter)
  • Mr. Mohan Lal Shah (Promoter)
  • Mr. Rajesh Agrawal (Promoter)
  • Mr. Ananda Umale (Promoter)
  • Mr. Mahmood Khan (Promoter)
  • Shree Padmavati Irrigations LLP
  • Mr. Sanjay Kumar Agrawal as partner of M/s Shree Venkatesh Industries
  • Mrs. Rashmi Agrawal as partner of M/s Shree Venkatesh Industries

Shareholding Changes

Before Acquisition (October 13, 2026):

  • Sanjay Kumar Agrawal holding: 5,448,974 shares (18.66% of total capital)
  • No shares encumbered (pledge/lien/non-disposal undertaking)
  • No voting rights otherwise than by shares
  • No warrants/convertible securities
  • Total holding: 5,448,974 shares (18.66%)

Acquisition Details:

  • Shares acquired: 530,000 voting shares (1.72%)
  • Mode: Preferential allotment

After Acquisition (October 13, 2026):

  • Sanjay Kumar Agrawal holding: 5,978,974 shares (19.46% of total capital)
  • No shares encumbered
  • No voting rights otherwise than by shares
  • No warrants/convertible securities
  • Total holding: 5,978,974 shares (19.46%)

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)

Additional Information

  • Stock exchanges where shares are listed: National Stock Exchange of India Limited and BSE Limited
  • The acquirer belongs to the Promoter/Promoter group
  • No financial impact quantification beyond the share acquisition details provided