Texmo Pipes and Products Limited announced that its Board of Directors approved the allotment of 15,30,000 equity shares at a price of Rs 45.65 per share, including a premium of Rs 35.65 per share, to promoters Shri Sanjay Kumar Agrawal and Smt. Rashmi Agrawal on a preferential basis, totaling Rs 6,98,44,500. Consequently, the company's paid-up equity share capital increased from Rs 29,19,50,000 to Rs 30,72,50,000.</p>