Texel Promoters acquire 4.36 Lac shares via warrant conversion

Texel Industries Limited's Promoter and Promoter Group, led by Shailesh Ramniklal Mehta, have acquired 4,36,437 equity shares. This acquisition resulted from the conversion of warrants previously issued through a preferential issue, in accordance with SEBI (ICDR) Regulations. The disclosure, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, details the change in shareholding for various members of the promoter group, consolidating their stake in the company.