Texmo Pipes & Products has subscribed and acquired 51% of equity share capital of Shree Venkatesh Industries. The Company promotes the said Company resulting in working of operations of the said Company’s business i.e. Manufacturing and trading of Plastic Products, Pipes, Tanks and Fittings and other allied services and products.
Pursuant to the aforesaid transaction, the Company holds 51% of the total Equity Share Capital of the aforesaid Company, thereby becomes the Subsidiary Company of Company. The cost of acquisition i.e. 10,409 Equity Shares of Shree Venkatesh Industries is Rs 20.60 crore at the rate of Rs 19,800 each including premium.
Texmo Pipes & Products is engaged into manufacturing of range of PVC and HDPE pipes viz. suction and delivery hose pipe etc.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3801.50 |
| Astral | 1632.80 |
| Finolex Inds | 166.00 |
| Nilkamal | 1270.95 |
| Jain Irrigation Sys | 32.33 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: