Sanjay Kumar Agrawal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Sanjay Kumar Agrawal, Managing Director and Promoter of Texmo Pipes and Products Limited, has filed a compliance declaration with the stock exchanges (NSE and BSE) on April 2, 2025. The declaration, made under SEBI Takeover Regulations, confirms that the promoters and persons acting in concert have not created any encumbrance (such as pledge, lien, or charge) on their shares during the financial year ended March 31, 2025. The declaration covers all promoter and promoter group members, including Sanjay Kumar Agrawal, Rashmi Agrawal, Vijay Prasad Pappu, Mohan Lal Shah, Ananda Umale, Rajesh Babanlal Agrawal, Mahmood Ahmed Khan, Shree Venkatesh Industries, and Shree Padmavati Irrigations LLP.
This is a routine annual compliance filing that reassures shareholders the promoter group's shareholding remains unencumbered (not pledged), suggesting no immediate liquidity stress or financial risk signals from the promoters for FY25.