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Texel Industries Ltd promoter Avani Shailesh Mehta acquired 5,22,875 equity shares following the conversion of warrants. This preferential allotment increases the promoter's holding from 1.85% to 5.49% of the expanded share capital. The conversion occurred in three tranches between April 13 and April 16, 2026.
Avani Shailesh Mehta and promoter group members of Texel Industries Limited acquired 3,47,875 equity shares following the conversion of warrants. This conversion increases the promoter group's voting rights from 27.87% to 29.65% on an expanded capital base, reflecting increased promoter commitment.
Texel Industries Limited allotted 4,36,437 equity shares to its promoter group following the conversion of warrants issued via a preferential allotment. This conversion increases the promoters' stake and strengthens the company's equity base. The allotments were finalized between April 9 and April 13, 2026.
Texel Industries Ltd allotted 1,72,875 equity shares to promoter Avani Shailesh Mehta upon conversion of warrants. The company received a balance consideration of ₹0.50 Crore (75% of issue price). Consequently, the paid-up equity capital increased to ₹14.09 Crore.
Texel Industries Limited allotted 1,75,000 equity shares to promoter Avani Shailesh Mehta upon conversion of warrants at ₹38.25 per share, totalling ₹0.67 Crore. Following this conversion, the promoter's stake increased to 4.32%. The company received the remaining 75% consideration amount, approximately ₹50.20 Lakhs, for this exercise.
Texel Industries Ltd allotted 1,75,000 equity shares to promoter Avani Shailesh Mehta upon conversion of warrants. The company received ₹0.50 Crore (75% balance payment) at an issue price of ₹38.25 per share. Post-allotment, the promoter's stake increased to 3.10%, and 3,47,875 warrants remain pending for conversion.
Texel Industries Ltd allotted 1,96,078 equity shares to promoter Bhupendra Ramniklal Mehta upon conversion of warrants. The company received ₹0.56 Crore, representing the remaining 75% of the total consideration. Consequently, the company's paid-up equity capital increased to ₹13.57 Crore.
Texel Industries Ltd allotted 65,359 equity shares to promoter Avishi Anuj Sharedalal upon the conversion of warrants. The transaction, valued at approximately ₹0.25 Crore, follows the receipt of the remaining 75% consideration amount.