Texmo Pipes and Products logo

Texmo Pipes and Products MD, chairman, board of directors and AGM

NSE: TEXMOPIPESBSE: 533164Industrial ProductsSmall Cap

Last close ₹44.88down ₹1.48 (3.19%)BSE ₹44.87

Share price at the NSE close on 23 Oct 2026. Previous close ₹46.36.

52-week range of traded prices to 23 Oct 2026
₹33.00Low, 30 Mar 2026₹64.50High, 15 Sep 2026
Market cap
₹131 Cr2,709th largest listed
P/E
8.7
P/B
0.6
Dividend yield
Nonein the last 12 months
ROE
6.8%
ROCE
8.9%
Debt to equity
0.20
Volume, NSE
58,36050.8% delivered

Texmo Pipes and Products board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonRashmi AgrawalRelated to the promoter
  • Managing directorSanjay Kumar Agrawal
  • Company Secretary and Compliance OfficerAjay Shrivastava

6 directors3 independent3 executive

  • Rashmi Agrawal · ChairpersonExecutive · joined Aug 2013 · reappointed Sep 2023 · 1 listed board
  • Sanjay Kumar Agrawal · Managing directorExecutive · joined Jul 2008 · reappointed Sep 2023 · 1 listed board · 1 committee seat
  • Vijay Prasad PappuExecutive · joined Jul 2008 · reappointed Sep 2023 · 1 listed board · 1 committee seat
  • Parvez AnjumIndependent · joined Aug 2019 · reappointed Aug 2024 · 82 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Smita HajariIndependent · joined Jul 2020 · reappointed Jul 2025 · 71 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Abdul Quader MotorwalaIndependent · joined Feb 2023 · reappointed Feb 2023 · 41 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 28 May 20266 of 6 present3 independent · 106 days in between
    • 10 Feb 20266 of 6 present3 independent

  • Audit Committee

    Chair Abdul Quader Motorwala

    Vijay Prasad Pappu, Parvez Anjum, Smita Hajari

    • 28 May 20264 of 4 present3 independent · 106 days in between
    • 10 Feb 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Smita Hajari

    Parvez Anjum, Abdul Quader Motorwala

    • 28 May 20263 of 3 present3 independent · 106 days in between
    • 10 Feb 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Parvez Anjum

    Sanjay Kumar Agrawal, Smita Hajari

    • 28 May 20263 of 3 present2 independent · 106 days in between
    • 10 Feb 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair Smita Hajari

    Sanjay Kumar Agrawal, Parvez Anjum

    • 28 May 20263 of 3 present2 independent · 106 days in between
    • 10 Feb 20263 of 3 present2 independent

  • Treasury Committee

    Chair Sanjay Kumar Agrawal

    Vijay Prasad Pappu, Parvez Anjum, Smita Hajari

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Anil Kamal Garg & CompanyPeer-review certificate valid to Sep 2026
1 earlier auditor
  • Anil Kamal Garg and CompanyNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Texmo Pipes and Products AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Texmo Pipes and Products share news and announcements

Annual general meeting, 11 Sep 2026

41,670 shareholders on the register on 4 Sep 2026; present: 10 promoters and 45 others; votes counted by CS Dinesh Kumar Gupta / Dinesh Kumar Gupta.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the year ended 31st March, 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.87%

    Turnout: all 44.51% · promoters 100.00% · institutions 98.04% · other public 0.09%

  2. To appoint a Director in place of Mrs. Rashmi Agrawal (DIN: 00316248) who retires by rotation and being eligible, offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 24.01%

    Turnout: all 44.51% · promoters 100.00% · institutions 98.04% · other public 0.09%

  3. Remuneration of Cost Auditor for the year 2026-27
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.91%

    Turnout: all 44.51% · promoters 100.00% · institutions 98.04% · other public 0.09%

  4. Issuance of Equity Shares on Preferential basis to the Promoters
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.98%

    Turnout: all 44.51% · promoters 100.00% · institutions 98.04% · other public 0.09%

  5. To approve Remuneration payable to Smt. Rashmi Agrawal (DIN: 00316248) for her remaining tenure as Whole Time Director of the Company.
    SpecialPromoters have an interest in it
    99.48% for0.52% against

    Against: promoters 0.00% · institutions 100.00% · other public 24.02%

    Turnout: all 44.51% · promoters 100.00% · institutions 98.04% · other public 0.09%

  6. To approve Remuneration payable to Mr. Sanjay Kumar Agrawal (DIN: 00316249) for his remaining tenure as a Managing Director of the Company
    SpecialPromoters have an interest in it
    99.48% for0.52% against

    Against: promoters 0.00% · institutions 100.00% · other public 16.98%

    Turnout: all 44.51% · promoters 100.00% · institutions 98.04% · other public 0.09%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2025, 5 resolutions

44,622 shareholders on the register on 19 Sep 2025; present: 9 promoters and 33 others; votes counted by CS Dinesh Kumar Gupta / Dinesh Kumar Gupta.The company's voting result (opens in a new tab)

  1. To Receive, Consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the year ended 31st March, 2025 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 44.56% · promoters 100.00% · institutions 97.39% · other public 0.17%

  2. To appoint a Director in place of Mr. Vijay Prasad Pappu (DIN: 02066748) who retires by rotaion and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.50% for0.50% against

    Against: promoters 0.00% · institutions 99.06% · other public 0.04%

    Turnout: all 44.56% · promoters 100.00% · institutions 97.39% · other public 0.17%

  3. Remuneration of Cost Auditor for the year 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 44.56% · promoters 100.00% · institutions 97.39% · other public 0.17%

  4. To approve revision in remuneration of Shri Vijay Prasad Pappu (DIN: 02066748) as Whole Time Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 44.55% · promoters 100.00% · institutions 97.39% · other public 0.16%

  5. To appoint Secretarial Auditor of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 44.56% · promoters 100.00% · institutions 97.39% · other public 0.17%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Sep 2024, 5 resolutions

Present: 8 promoters and 25 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the year ended 31st March, 2024, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.47%

    Turnout: all 44.60% · promoters 100.00% · institutions 69.16% · other public 0.23%

  2. To appoint a Director in place of Mrs. Rashmi Agrawal (DIN: 00316248) who retires by rotation and being eligible, offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.33%

    Turnout: all 44.60% · promoters 100.00% · institutions 69.16% · other public 0.23%

  3. Remuneration of Cost Auditor for the year 2024-25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.13%

    Turnout: all 44.60% · promoters 100.00% · institutions 69.16% · other public 0.23%

  4. To approve revision in Remuneration of Shri Vijay Prasad Pappu (DIN: 02066748) as Whole Time Director of the Company.
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.67%

    Turnout: all 44.60% · promoters 100.00% · institutions 69.16% · other public 0.23%

  5. To approve re-appointment of Dr. Smita Hajari (DIN: 08763920) as a Non Executive Independent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.57%

    Turnout: all 44.60% · promoters 100.00% · institutions 69.16% · other public 0.23%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2023, 10 resolutions

Present: 8 promoters and 47 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the year ended 31st March, 2023, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 47.20% · promoters 100.00% · institutions 95.34% · other public 4.18%

  2. To appoint a Director in place of Mr. Vijay Prasad Pappu (DIN: 02066748) who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    98.53% for1.48% against

    Against: promoters 0.00% · institutions 100.00% · other public 1.49%

    Turnout: all 47.20% · promoters 100.00% · institutions 95.34% · other public 4.18%

  3. To re-appoint M/s. Anil Kamal Garg & Co., Chartered Accountants, Indore (Firm Registration No. 004186C), as the Statutory Auditors of the Company and to fix their remuneration
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 47.20% · promoters 100.00% · institutions 95.34% · other public 4.18%

  4. Remuneration of Cost Auditor for the year 2023-24.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 47.20% · promoters 100.00% · institutions 95.34% · other public 4.17%

  5. To approve the revision in threshold of a related party transaction with a related party firm.
    OrdinaryPromoters have an interest in it
    77.33% for22.67% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.43%

    Turnout: all 2.96% · promoters 0.00% · institutions 95.34% · other public 4.18%

  6. To approve revision in threshold of a related party transaction with ‘Shree Venkatesh Industries Private Limited’.
    OrdinaryPromoters have an interest in it
    76.40% for23.60% against

    Against: promoters 0.00% · institutions 100.00% · other public 1.62%

    Turnout: all 2.96% · promoters 0.00% · institutions 95.34% · other public 4.18%

  7. To grant authority to the board of directors to advance/give any loan, give any guarantee or to provide any security to such person specified under Section 185 of the Companies Act, 2013.
    Special
    98.53% for1.47% against

    Against: promoters 0.00% · institutions 100.00% · other public 1.38%

    Turnout: all 47.20% · promoters 100.00% · institutions 95.34% · other public 4.18%

  8. To approve revision in remuneration of Smt. Rashmi Agrawal (DIN: 00316248) as Whole Time Director of the Company.
    Special
    97.47% for2.53% against

    Against: promoters 0.00% · institutions 100.00% · other public 23.03%

    Turnout: all 47.20% · promoters 100.00% · institutions 95.34% · other public 4.18%

  9. To approve revision in remuneration of Shri Vijay Prasad Pappu (DIN: 02066748) as Whole Time Director of the Company
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.53%

    Turnout: all 47.20% · promoters 100.00% · institutions 95.34% · other public 4.18%

  10. To approve re-appointment of Dr. Parvez Anjum (DIN: 08529781) as a Non Executive Independent Director of the Company.
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.49%

    Turnout: all 47.20% · promoters 100.00% · institutions 95.34% · other public 4.18%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 10 May 2023, 1 resolution

The company's voting result (opens in a new tab)

  1. Appoinment of Mr. Abdul Quader Motorwala (DIN: 03481624) as Non Executive Independent Director
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.46%

    Turnout: all 45.14% · promoters 99.99% · institutions 92.40% · other public 0.12%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 28 Dec 2022, 4 resolutions

Present: 8 promoters and 32 others.The company's voting result (opens in a new tab)

  1. To consider and approve re-appointment and remuneration of Mrs. Rashmi Agrawal (DIN: 00316248) as Whole Time Director and Chairperson of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.32%

    Turnout: all 45.68% · promoters 99.99% · institutions 75.32% · other public 1.06%

  2. To consider and approve re-appointment and remuneration of Mr. Sanjay Kumar Agrawal (DIN: 00316249) as a Managing Director of the Company
    Special
    98.10% for1.90% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.31%

    Turnout: all 45.68% · promoters 99.99% · institutions 75.32% · other public 1.06%

  3. To consider and approve re-appointment and remuneration of Mr. Vijay Prasad Pappu (DIN: 02066748) as a Whole Time Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 45.68% · promoters 99.99% · institutions 75.32% · other public 1.06%

  4. To consider and approve threshold limit of a related party transaction
    OrdinaryPromoters have an interest in it
    39.85% for60.15% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.83%

    Turnout: all 1.45% · promoters 0.00% · institutions 75.32% · other public 1.06%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2022, 4 resolutions

Present: 8 promoters and 25 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the year ended 31st March, 2022, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 45.20% · promoters 100.00% · institutions 76.78% · other public 0.17%

  2. To appoint a Director in place of Mrs. Rashmi Agrawal (DIN: 00316248) who retires by rotation and being eligible, offers herself for re-appoinment.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 1.00% · promoters 0.08% · institutions 76.78% · other public 0.17%

  3. Remuneration of Cost Auditor for the year 2022-23
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 45.20% · promoters 100.00% · institutions 76.78% · other public 0.17%

  4. To Approve the Revision in threshold of related party transaction with 'Shree Vasudeo Industries'
    SpecialPromoters have an interest in it
    9.83% for90.17% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.21%

    Turnout: all 0.96% · promoters 0.00% · institutions 76.78% · other public 0.17%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2021, 8 resolutions

Present: 7 promoters and 37 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the year ended 31st March, 2021, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.04%

    Turnout: all 44.60% · promoters 100.00% · institutions 42.55% · other public 0.36%

  2. To appoint a Director in place of Shri Vijay Prasad Pappu ((DIN: 02066748) who retires by rotation and being eligible, offers herself for re-appointment
    Ordinary
    99.57% for0.43% against

    Against: promoters 0.00% · institutions 100.00% · other public 13.52%

    Turnout: all 44.60% · promoters 99.99% · institutions 42.55% · other public 0.36%

  3. Appointment and Ratification of Remuneration of Cost Auditors for the Financial Year 2021-22
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.47%

    Turnout: all 44.60% · promoters 100.00% · institutions 42.55% · other public 0.36%

  4. Re-Appointment of Shri Amber Chaurasia (Din 07729278) As a Non Executive Independent Director
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.47%

    Turnout: all 44.60% · promoters 100.00% · institutions 42.55% · other public 0.36%

  5. To Approve Revision in Remuneration of Shri Sanjay Kumar Agrawal (DIN: 00316249) as a Managing Director of the Company
    SpecialPromoters have an interest in it
    91.21% for8.79% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.83%

    Turnout: all 0.40% · promoters 0.08% · institutions 42.55% · other public 0.36%

  6. To approve revision in remuneration of Smt. Rashmi Devi Agrawal (DIN: 00316248) as Whole Time Director of the company
    SpecialPromoters have an interest in it
    91.21% for8.79% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.83%

    Turnout: all 0.40% · promoters 0.08% · institutions 42.55% · other public 0.36%

  7. To Approve Revision in Remuneration of Shri Mohit Agarwal As Chief Executive Officer of the Company
    OrdinaryPromoters have an interest in it
    91.21% for8.79% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.83%

    Turnout: all 0.40% · promoters 0.08% · institutions 42.55% · other public 0.36%

  8. To Approve Revision in pay scale of Smt. Aparna Mohit Agarwal As Chief Design Officer in the Company.
    OrdinaryPromoters have an interest in it
    91.17% for8.83% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.97%

    Turnout: all 0.40% · promoters 0.08% · institutions 42.55% · other public 0.36%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.