Promoter Rashmi Agrawal acquires 3.25% stake via preferential allotment
TEXMOPIPES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 4.9 pts more than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Rashmi Agrawal, Promoter and Chairperson of Texmo Pipes and Products, was allotted 10,00,000 equity shares (3.25%) at Rs 45.65 per share through preferential allotment approved on 13.10.2026. Her holding rose from 16.10 percent (47,00,092 shares) to 18.55 percent (57,00,092 shares). Total equity share capital of the company increased from Rs 29.19 crore to Rs 30.72 crore post the issue.
Promoter stake rises to 18.55 percent, showing confidence. Preferential allotment causes minor dilution for existing shareholders.