New Risk • May 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹921.6m (US$9.79m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (₹921.6m market cap, or US$9.79m). Recent Insider Transactions Derivative • Apr 15
MD & Executive Director exercised options to buy ₹14m worth of stock. On the 13th of April, Shaileshbhai Mehta exercised options to buy 175k shares at a strike price of around ₹38.00, costing a total of ₹6.6m. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. Since June 2025, Shaileshbhai has owned 2.25m shares directly. Company insiders have collectively bought ₹9.1m more than they sold, via options and on-market transactions, in the last 12 months. New Risk • Mar 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹933.2m (US$9.84m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (₹933.2m market cap, or US$9.84m). Duyuru • Feb 04
Texel Industries Limited Announces Chief Financial Officer Changes, Effective February 4, 2026 Texel Industries Limited changed the designation of Mr. Parth Prakash Niphadkar from the position of Chief Financial Officer (CFO) of the Company to Manager Sales, Marketing & Business Development of the Company, with effect from February 4, 2026. He shall continue in the employment of the Company. Mr. Parth Prakash Niphadkar has confirmed that there are no other material reasons for change in designation other than those stated above. Texel Industries Limited appointed Mr. Hardik Parekh as the Chief Financial Officer (CFO) of the Company with effect from February 4, 2026. Mr. Hardik Parekh is a seasoned finance professional with over two decades of experience in finance, accounts, administration, and commercial operations across diverse industries. He holds an M.B.A. (Finance). He also possesses a Post Graduate Diploma in Human Resource Management (PGDHRM), along with an M.Com and B.Com Degree. Mr. Hardik Parekh is not debarred from holding the office of Director by any SEBI order or any other such authority. The board appointed Mr. Hardik Parekh as the Chief Financial Officer (CFO) of the Company with effect from February 4, 2026. Mr. Hardik Parekh is a seasoned finance professional with over two decades of experience in finance, accounts, administration, and commercial operations across diverse industries. He holds an M.B.A. (Finance). He also possesses a Post Graduate Diploma in Human Resource Management (PGDHRM), along with an M.Com and B.Com Degree. Mr. Hardik Parekh is not debarred from holding the office of Director by any SEBI order or any other such authority. Duyuru • Jan 29
Texel Industries Limited to Report Q3, 2026 Results on Feb 04, 2026 Texel Industries Limited announced that they will report Q3, 2026 results on Feb 04, 2026 Duyuru • Nov 11
Texel Industries Limited to Report Q2, 2026 Results on Nov 14, 2025 Texel Industries Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Oct 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (₹1.14b market cap, or US$12.9m). Duyuru • Aug 28
Texel Industries Limited, Annual General Meeting, Sep 29, 2025 Texel Industries Limited, Annual General Meeting, Sep 29, 2025, at 12:30 Indian Standard Time. Duyuru • Aug 09
Texel Industries Limited to Report Q1, 2026 Results on Aug 14, 2025 Texel Industries Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Duyuru • May 22
Texel Industries Limited to Report Q4, 2025 Results on May 29, 2025 Texel Industries Limited announced that they will report Q4, 2025 results on May 29, 2025 New Risk • Apr 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (₹1.76b market cap, or US$20.6m). New Risk • Feb 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 60% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₹1.25b market cap, or US$14.4m). Duyuru • Feb 02
Texel Industries Limited to Report Q3, 2025 Results on Feb 08, 2025 Texel Industries Limited announced that they will report Q3, 2025 results on Feb 08, 2025 Duyuru • Nov 08
Texel Industries Limited to Report Q2, 2025 Results on Nov 14, 2024 Texel Industries Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Duyuru • Sep 11
Texel Industries Limited announced that it expects to receive INR 197.499286 million in funding Texel Industries Limited announced a private placement of up to 4,967,302 equity shares at a price of INR 38.25 per share for the gross proceeds of INR 189,999,301.5 and 784,312 warrants at a price of INR 9.5625 per warrant for the gross proceeds of INR 7,499,983.5 for the total gross proceeds of INR 197,499,286 on September 10, 2024. The securities will be issued on preferential basis. The warrants will be exercisable into common shares at an exercise price of INR 28.6875. The transaction will include participation from Avani Shailesh Mehta, Bhupendra Ramniklal Mehta, Avishi Anuj Sharedalal, Avani Shailesh Mehta, Bhupendra Ramniklal Mehta, Avishi Anuj Sharedalal and other investors. The transaction has been approved by the shareholders of the company. New Risk • Sep 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (₹390.3m market cap, or US$4.65m). Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change). Duyuru • Aug 25
Texel Industries Limited Announces Board Appointments Texel Industries Limited at its AGM held on 24 August, 2024, announced the Appointment of Mr. Umesh Arvindbhai Vyas, Avni Chouhan (DIN: 07979266) as an Independent Director of the Company. Duyuru • Aug 06
Texel Industries Limited to Report Q1, 2025 Results on Aug 12, 2024 Texel Industries Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Duyuru • Jul 25
Texel Industries Limited, Annual General Meeting, Aug 24, 2024 Texel Industries Limited, Annual General Meeting, Aug 24, 2024, at 12:30 Indian Standard Time. Board Change • Jun 04
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Jasmin Vhora was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • May 23
Texel Industries Limited to Report Q4, 2024 Results on May 28, 2024 Texel Industries Limited announced that they will report Q4, 2024 results on May 28, 2024 Duyuru • Feb 05
Texel Industries Limited to Report Q3, 2024 Results on Feb 10, 2024 Texel Industries Limited announced that they will report Q3, 2024 results on Feb 10, 2024 Duyuru • Oct 29
Texel Industries Limited to Report Q2, 2024 Results on Nov 04, 2023 Texel Industries Limited announced that they will report Q2, 2024 results on Nov 04, 2023 Duyuru • Oct 07
Texel Industries Limited Announces Resignation of Dhruvi Patel as Company Secretary & Compliance Officer Texel Industries Limited announced that Ms Dhruvi Patel has resigned from the post of Company Secretary & Compliance Officer of the Company with effect from 6th October, 2023. Her resignation letter is enclosed herewith. Duyuru • Sep 02
Texel Industries Limited, Annual General Meeting, Sep 29, 2023 Texel Industries Limited, Annual General Meeting, Sep 29, 2023, at 11:30 Indian Standard Time. Duyuru • Aug 23
Texel Industries Limited Announces Resignation of Avni Chouhan as Independent Director Texel Industries Limited announced that Ms. Avni Chouhan, Independent Director of the Company, has tendered her resignation from the post of Independent Director of the Company with effect from 22nd August, 2023. The resignation letter is enclosed herewith. Duyuru • Aug 05
Texel Industries Limited to Report Q1, 2024 Results on Aug 12, 2023 Texel Industries Limited announced that they will report Q1, 2024 results on Aug 12, 2023 Duyuru • May 31
Texel Industries Limited Appoints Avni Chouhan as Non-Executive Independent Director The Board of Directors of Texel Industries Limited at its meeting held May 29, 2023, approved the appointment of Ms. Avni Chouhan as an Additional Director of the company in the category of Non-Executive Independent Director with effect from May 29, 2023. Ms. Avni Chouhan, holds a postgraduate degree in commerce, is an associate member of the Institute of Company Secretaries of India. She was placed AIR-23 in the June 2014 ICSI survey of CS professionals. She has a law degree as well. She has a vast and extensive background as a Company Secretary and Compliance Manager in numerous businesses before transitioning into Practice, She has more than 8 years of combined experience working for Listed Companies, Chartered Accountants, and Company Secretaries firms, and she is currently based in Ahmedabad. Corporate Laws, ROC Issues, Intellectual Property Right (IPR) Laws, and Liasoning with ROC, Trademark Registry, Regional Director, Reserve Bank of India, Ministry of Corporate Affairs, and Stock Exchange are some of her primary professional areas. She is a researcher, an author, and a learner. She also serves as a director for other listed companies. She engages in multi- level business growth across several regions Through different Institute events and participation in several working Committees during the past few years, she has also been socially engaged in the professional advancement of the Institute of company Secretaries. Duyuru • May 23
Texel Industries Limited to Report Q4, 2023 Results on May 29, 2023 Texel Industries Limited announced that they will report Q4, 2023 results on May 29, 2023 Duyuru • Feb 07
Texel Industries Limited to Report Q3, 2023 Results on Feb 14, 2023 Texel Industries Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Duyuru • Jan 13
Texel Industries Limited Appoints Pallav Vasavada as Chief Financial Officer Texel Industries Limited informed that in the Board Meeting held on 12th January, 2023, Mr. Pallav Vasavada has been appointed for the post of Chief Financial Officer and designated as Key Managerial Personnel to determine the Materiality of the Event of the Company. Mr. Pallav Vasavada has done Master of Commerce from Gujarat University and an Inter CA from ICAI. He has more than 10 years of experience in the diverse and assorted Fields involving Finance, Accounting and Taxation. Duyuru • Nov 08
Texel Industries Limited to Report Q2, 2023 Results on Nov 14, 2022 Texel Industries Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Duyuru • Sep 07
Texel Industries Limited, Annual General Meeting, Sep 29, 2022 Texel Industries Limited, Annual General Meeting, Sep 29, 2022, at 11:00 Indian Standard Time. Agenda: To receive consider and adopt the audited standalone financial statements of the company for the financial year ended on 31st March, 2022 and the reports of the board of directors and auditors thereon and the audited consolidated financial statements of the company for the financial year ended on 31st March, 2022 and the report of the auditors thereon; to appoint a director in place of Mr. Naresh Ramniklal Mehta, who retires by rotation and being eligible, offers himself for re-appointment; to re-appoint M/s. Sunil Poddar & Company, chartered accountants as a statutory auditors of the company for the second term of five consecutive years and other related issues. Duyuru • Aug 07
Texel Industries Limited to Report Q1, 2023 Results on Aug 13, 2022 Texel Industries Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Duyuru • Jul 16
Texel Industries Limited Announces Resignation of Vikram Patel as Chief Financial Officer Texel Industries Limited announced that Mr. Vikram Patel has resigned from the post of Chief Financial Officer of the company. The Board of Directors of the Company on 15th July, 2022, has accepted his resignation by passing a circular resolution and decided to relieve him from the duties and responsibilities of CFO with effect from the close of working hours on 15th July, 2022. Duyuru • Jul 15
Texel Industries Limited Appoints Harsh Rameshbhai Hirpara as Company Secretary & Compliance Officer Texel Industries Limited informed that Mr. Harsh Rameshbhai Hirpara has been appointed for the post of Company Secretary & Compliance Officer of the Company with effect from 1 July, 2022. Duyuru • May 28
Texel Industries Limited Announces Resignation of Shweta Sultania as Company Secretary and Compliance Officer, Effective July 14, 2022 Texel Industries Limited announced resignation of Ms. Shweta Sultania from the post of Company Secretary and Compliance Officer of the Company and decided to relieve her from the duties and responsibilities of Company Secretary and Compliance Officer with effect from the close of working hours on 14th July, 2022. Duyuru • May 21
Texel Industries Limited to Report Q4, 2022 Results on May 27, 2022 Texel Industries Limited announced that they will report Q4, 2022 results on May 27, 2022 Is New 90 Day High Low • Feb 12
New 90-day high: ₹14.45 The company is up 112% from its price of ₹6.81 on 06 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 17% over the same period. Duyuru • Feb 02
Texel Industries Limited to Report Q3, 2021 Results on Feb 09, 2021 Texel Industries Limited announced that they will report Q3, 2021 results on Feb 09, 2021 Is New 90 Day High Low • Jan 25
New 90-day high: ₹11.91 The company is up 89% from its price of ₹6.31 on 27 October 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 21% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: ₹10.81 The company is up 92% from its price of ₹5.63 on 07 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 21% over the same period. Is New 90 Day High Low • Dec 18
New 90-day high: ₹8.91 The company is up 168% from its price of ₹3.32 on 18 September 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 14% over the same period.