Texmo Pipes Board Approves Preferential Issue, Financial Results

Texmo Pipes and Products Ltd announced that its Board of Directors met on August 12, 2026. The board approved the Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. Additionally, the board approved a preferential issue of 15,30,000 equity shares to promoters Shri Sanjay Kumar Agrawal and Smt. Rashmi Agrawal at ₹45.65 per share, aggregating to ₹698.44 Lakhs. This issue is subject to regulatory and shareholder approval. The company also scheduled its 18th Annual General Meeting for September 11, 2026, and approved the re-appointment of Mrs. Rashmi Agrawal as Whole-Time Director.