Texmo Pipes and Products533164Preferential allotment
Promoter allotted 5,30,000 shares on preferential basis; stake rises to 19.46%
Promoter and MD Sanjay Kumar Agrawal has been allotted 5,30,000 equity shares (1.72%) of the company on a preferential basis at Rs. 45.65 per share.
By ScoutQuest · · 2 min read
19.46%+0.8 pp
Before18.66%After19.46%
- Shares Allotted on Preferential Basis
- 5,30,000 equity shares (1.72%)
- Allotment Price
- Rs. 45.65 per share
- Promoter Holding Post-Allotment
- 59,78,974 shares (19.46%), up from 54,48,974 shares (18.66%)
A promoter has taken more shares in the company
- Sanjay Kumar Agrawal, Promoter and Managing Director of Texmo Pipes and Products Ltd, has been allotted 5,30,000 equity shares of the company on a preferential basis.
- This works out to 1.72% of the company's share capital.
- The allotment price was Rs. 45.65 per share. The shares were allotted in the board meeting held on 13.10.2026, and the acquirer has intimated the exchanges on 15.10.2026.
Where the promoter's holding stands now
- Before the allotment: 54,48,974 shares, or 18.66% of the company.
- Shares allotted: 5,30,000, or 1.72%.
- After the allotment: 59,78,974 shares, or 19.46% of the company.
- The company's total voting capital after the allotment is Rs. 30.73 crore.
What a preferential allotment means
- In a preferential allotment, the company issues fresh shares to a chosen set of investors, here its own promoter, instead of selling them in the open market.
- Because fresh shares are issued, the total number of shares goes up. Existing shareholders therefore hold a slightly smaller slice of the company in percentage terms. This is called dilution.
- The promoter's own share of the company, however, goes up from 18.66% to 19.46%, because he has taken extra shares.
On encumbrance
- The disclosure records NIL shares in the nature of encumbrance held by the acquirer, both before and after the acquisition. It also records NIL for shares encumbered, invoked or released by the acquirer.
How to read this
- This is a promoter-level disclosure of a change in holding, shared with the exchanges under the takeover regulations.
- The allotment is on a preferential basis to the promoter, so the money comes into the company in exchange for the new shares.
- Two things a retail investor can note: the promoter's stake has moved up to 19.46%, and the equity base has expanded, which goes with the dilution point above.
19.46%Promoter holding the allotment (percentage
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 to the promoter on preferential basis5,30,000
- Shares allotted as a percentage of total share capital1.72%
- Allotment price per equity shareRs. 45.65/-
- Promoter holding before the allotment (shares)54,48,974
- Promoter holding before the allotment (percentage)18.66%
- Promoter holding after the allotment (shares)59,78,974
- Promoter holding after the allotment (percentage)19.46%
- Total voting capital after the acquisitionRs. 30,72,50,000
Source: BSE · 15 Oct 2026
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