Texmo Pipes Approves Q1 FY27 Un-audited Results, Preferential Issue

Texmo Pipes and Products Ltd announced board approval for the Un-audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The board also approved a preferential issue of 15,30,000 equity shares to promoters Shri Sanjay Kumar Agrawal and Smt. Rashmi Agrawal at Rs. 45.65 per share, aggregating to Rs. 698.44 Lakhs, subject to regulatory and shareholder approval. The company will hold its 18th Annual General Meeting on September 11, 2026, via video conferencing. Additionally, Mrs. Rashmi Agrawal was re-appointed as Whole-Time Director. The financial results show a net profit of Rs. 158.00 Lakhs for the quarter ended June 30, 2026, with basic and diluted EPS at Rs. 1.60.