Texel Industries Ltd board to consider rights issue on May 8, 2021

A meeting of the Board of Directors of Texel Industries Ltd will be held on Saturday, 8th May, 2021, to consider, the proposal of raising of funds by issue of Equity Shares by way of a Rights Issue, subject to the receipt of applicable regulatory / statutory approvals.

The trading window for dealing in the securities of the Company has been closed for Connected Persons, Insiders, Designated Persons and their immediate relatives with effect from 1st April, 2021 and shall remain closed till 48 hours after the declaration of financial results for the quarter and year ended 31st March, 2021.

Shares of TEXEL INDUSTRIES LTD. was last trading in BSE at Rs.37.45 as compared to the previous close of Rs. 36.75. The total number of shares traded during the day was 80 in over 2 trades.

The stock hit an intraday high of Rs. 37.45 and intraday low of 37.45. The net turnover during the day was Rs. 2996.

Source : Equity Bulls

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