
AGM/EGM2 Sept 2026, 08:10 pm
Texmo Pipes Issues Corrigendum for 18th AGM Notice
AI Summary
Texmo Pipes and Products Ltd has issued a corrigendum to the notice of its 18th Annual General Meeting (AGM) scheduled for September 11, 2026. The corrigendum clarifies details regarding a preferential offer, including the utilization of proceeds for working capital requirements amounting to ₹698.44 lakhs, the pricing of the preferential issue, and the status of allottees (Mr. Sanjay Kumar Agrawal and Mrs. Rashmi Agrawal) who will remain promoters post-issue. The company is in the process of distributing this corrigendum to shareholders and will also make it available on its website.
Key Highlights
- Corrigendum issued for 18th AGM notice dated August 12, 2026.
- Preferential issue proceeds of ₹698.44 lakhs for working capital.
- Allottees Sanjay Kumar Agrawal and Rashmi Agrawal remain promoters.
- AGM scheduled for September 11, 2026.
Price Impact
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