Promoter allotted 10,00,000 equity shares on preferential basis; holding rises to 18.55%
Promoter and Chairperson (Whole Time Director) Rashmi Agrawal has been allotted 10,00,000 equity shares of Texmo Pipes and Products Ltd on a preferential basis — 3.25% of the company.
By ScoutQuest · · 2 min read
- Shares Allotted (Preferential Basis)
- 10,00,000 equity shares — 3.25% of the company
- Promoter Holding Change
- 47,00,092 shares (16.10%) to 57,00,092 shares (18.55%)
- Value of Shares Acquired
- Rs. 4,56,50,000
A promoter of the company has been allotted new equity shares on a preferential basis, and the change in her holding has been disclosed to the exchanges.
What the disclosure says
- Mrs. Rashmi Agrawal, described in the update as Promoter and Chairperson (Whole Time Director), has been allotted 10,00,000 equity shares of the company.
- The allotment was on a preferential basis, and the mode recorded in Form C is "By way of Allotment".
- The transaction type is shown as Allotment, not a market purchase.
- The value of the securities acquired is stated as Rs. 4,56,50,000.
- The date of allotment recorded is 13.10.2026 and the date of intimation to the company is 15.10.2026.
Her holding before and after
Before this allotment, she held 47,00,092 equity shares, or 16.10% of the company. After the allotment, she holds 57,00,092 equity shares, or 18.55%. The shares allotted — 10,00,000 — are described in her own intimation as 3.25% of the company's equity shares.
How to read the change in stake
For a retail shareholder, the two useful figures are the percentage of the company the promoter now holds and the size of the addition. Her stake moves from 16.10% to 18.55%, an addition of 10,00,000 shares, which the update itself puts at 3.25%. The money value attached to those shares in the disclosure is Rs. 4,56,50,000.
Why the company shared this
The company letter states that Mrs. Rashmi Agrawal submitted a disclosure under Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, on being allotted these shares, and that the company is submitting the requisite disclosure under Regulation 7(2)(b) of those regulations. Form C annexed to the update is the format used for details of change in holding of securities of a promoter, employee or director of a listed company.
Other details in the update
- The Form C also carries a table for trading in derivatives of the company by the promoter, employee or director, and the columns in that table are shown with dashes.
- The intimation from Mrs. Rashmi Agrawal is signed by her as Promoter and Chairperson (Whole Time Director).
What a shareholder can take away
The update tells you that a promoter has been issued fresh equity shares of the company on a preferential basis, the exact number of shares, the percentage these represent, the value recorded for them, and how her total holding has changed as a result.
Also from Texmo Pipes and Products
Texmo Pipes and Products Ltd promoter buys 3.25% stake, holding rises to 18.55%
16 Oct 2026
Texmo Pipes and Products Ltd promoter buys 1.72% stake
16 Oct 2026
Promoter allotted 10,00,000 equity shares on preferential basis; stake up from 16.10% to 18.55%
15 Oct 2026
More numbers
- Equity shares allotted on preferential basis10,00,000
- Shares allotted as % of company3.25%
- Value of securities acquiredRs. 4,56,50,000
- Shares held prior to allotment47,00,092
- Holding % prior to allotment16.10%
- Shares held post allotment57,00,092
- Holding % post allotment18.55%
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