Texmo Pipes & Products has subscribed for share capital of ‘Texmo Pipes Foundation’ a Section 8 Company ‘Not for Profit Organization’ incorporated on May 24, 2022. The object of acquisition i.e. subscription to become a member and promoter of Texmo Pipes Foundation. The Company shall spend its CSR Obligation via Texmo pipes Foundation and the said company will work in areas of corporate social responsibility, charitable and allied purposes. Cash consideration through Banking channels.
The cost of acquisition i.e. Subscription of 100 Equity shares in Texmo pipes Foundation is Rs 5000 i.e. 500 Equity Shares of Rs 10 each.
Texmo Pipes & Products is engaged into manufacturing of range of PVC and HDPE pipes viz. suction and delivery hose pipe etc.
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