The Board of Directors of Texel Industries Limited has, at its meeting held today, approved the making of first and final call of Rs. 20/- (comprising Rs. 5/- towards face value and Rs. 15/- towards share premium) in respect of 31,22,398 outstanding partly paid-up equity shares of face value Rs. 10/- each (Rs. 5/- paid up) (ISIN: IN9594V01018) on a rights basis pursuant to Letter of Offer dated August 12, 2021 ("First and Final Call").
The board also fixed Friday, November 12, 2021 as the record date for the purpose of determining names of holders of partly paid-up equity shares to whom the first and final call notice will be sent.
The detailed terms of the First and Final Call will form part of the call notice that will be dispatched / sent by the Company in due course.
Shares of TEXEL INDUSTRIES LTD. was last trading in BSE at Rs. 58.35 as compared to the previous close of Rs. 58.30. The total number of shares traded during the day was 1331 in over 48 trades.
The stock hit an intraday high of Rs. 62.40 and intraday low of 53.00. The net turnover during the day was Rs. 76459.00.