Announced Sat, 18 Apr · 11:13 IST
Promoter group acquires 4.36 lakh shares via warrant conversion
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹81.42
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.7-1.7-4.2-4.2-4.3-5.5-14.3-13.8-24.9-8.5
Up moveDown movePending
AI summary
Promoter and promoter group of Texel Industries acquired 4,36,437 equity shares (2.37% of paid-up capital) through conversion of warrants into equity shares via preferential issue. Allotments were made to Avani Shailesh Mehta (1.75L), Bhupendra Ramniklal Mehta (1.96L), and Avishi Anuj Sharedalal (0.65L) between Apr 9-13, 2026. Promoter group holding rose from 25.50% to 27.87% of total share capital.
Likely market impact
Signals promoter confidence; promoter holding strengthens from 25.50% to 27.87%, but share dilution occurs for non-allottees.