Texel Industries Ltd — Important, 09-04-2026: Company Update

Texel Industries' Finance and Investment Committee has approved the conversion of 65,359 warrants into an equal number of equity shares for Avishi Anuj Sharedalal, a promoter. This allotment, priced at ₹38.25 per share, follows the receipt of ₹0.1875 crore, representing the remaining 75% payment for these preferential warrants. This conversion increases the company's total paid-up equity share capital from ₹13.31 crore to ₹13.37 crore. This move signals a promoter's commitment and adds to the company's equity base.