StockWatch
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Plastic Products - Industrial
Shareholding20 Apr 2026, 07:31 pm

Avani Mehta Acquires 5.22 Lakh Shares in Texel Industries via Warrants

AI Summary

Avani Shailesh Mehta, a promoter of Texel Industries Limited, has disclosed the acquisition of 5,22,875 equity shares. This acquisition occurred through the conversion of warrants and a preferential issue. Prior to this, Avani Mehta held 275,059 shares, representing 1.85% of the total share capital. Post-acquisition, her total holding increased to 7,73,934 shares, constituting 5.49% of the expanded share capital. The acquisition was completed through multiple tranches between April 13-16, 2026.

Key Highlights

  • Promoter Avani Mehta acquired 5,22,875 equity shares.
  • Acquisition was via warrant conversion and preferential issue.
  • Total promoter holding increased to 5.49% post-acquisition.
  • Acquisition completed in tranches from April 13-16, 2026.