Texmaco Promoters Plan Inter-se Share Transfer

Zuari Industries Limited (ZIL) plans to acquire up to 1.28 crore equity shares of Texmaco Infrastructure & Holdings Limited (TIHL) from Zuari International Limited. This is an inter-se transfer among promoters, with the total consideration not exceeding ₹150 Crore. The acquisition represents up to 10.05% of TIHL's paid-up equity share capital. The transaction is expected to occur on or after September 22, 2026. The acquisition price will be mutually agreed upon, subject to stock exchange mechanisms and applicable laws. The volume-weighted average market price for the last 60 trading days is ₹113.24 per share.