Texmo Pipes Board Approves Preferential Issue, Sets AGM Date

Texmo Pipes and Products Ltd's Board of Directors met on August 12, 2026, approving 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 ₹45.65 per share, aggregating to ₹698.44 Lakhs, subject to shareholder and regulatory approvals. The 18th Annual General Meeting (AGM) is scheduled for September 11, 2026, and Mrs. Rashmi Agrawal was re-appointed as Whole-Time Director.