Adventz Securities Extends Share Accumulation with Fourth Consecutive Acquisition

2 min read     Updated on 31 Mar 2026, 05:57 AM
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Radhika SScanX News Team
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Adventz Securities has completed its fourth consecutive share acquisition in Texmaco Infrastructure & Holdings Limited, purchasing 3,60,000 equity shares on March 27, 2026. This latest transaction brings the total holding to 45,81,867 shares (3.60% of paid-up capital), demonstrating sustained promoter group investment momentum through systematic open market purchases.

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Adventz Securities Enterprises Limited has executed its fourth consecutive acquisition in Texmaco Infrastructure & Holdings Limited, purchasing 3,60,000 equity shares through open market transactions on March 27, 2026. This latest acquisition follows previous purchases of 2,00,000 shares on March 23, 2026, 75,380 shares on March 24, 2026, and 1,37,347 shares on March 25, 2026, demonstrating sustained investment momentum in the infrastructure company.

Latest Acquisition Details

The most recent share acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as filed with the National Stock Exchange of India Limited and BSE Limited on March 30, 2026.

Parameter: Before Latest Acquisition Latest Acquisition After Latest Acquisition
Shares Carrying Voting Rights: 42,21,867 3,60,000 45,81,867
Percentage Holding: 3.32% 0.28% 3.60%
Mode of Acquisition: - Open Market -
Date of Acquisition: - March 27, 2026 -

Four-Day Acquisition Spree

Adventz Securities has demonstrated an aggressive acquisition strategy through four consecutive market transactions, systematically building its position in Texmaco Infrastructure & Holdings Limited:

Transaction: Date Shares Acquired Cumulative Holding Percentage
First Acquisition: March 23, 2026 2,00,000 40,09,140 3.15%
Second Acquisition: March 24, 2026 75,380 40,84,520 3.21%
Third Acquisition: March 25, 2026 1,37,347 42,21,867 3.32%
Fourth Acquisition: March 27, 2026 3,60,000 45,81,867 3.60%
Total Acquired: - 7,72,727 - 0.61% increase

Company Structure and Shareholding

Texmaco Infrastructure & Holdings Limited maintains an equity share capital of 12,74,26,590 equity shares of Re 1/- each, fully paid up. This share capital structure has remained unchanged throughout all four acquisitions. Adventz Securities continues to be identified as belonging to the promoter group of the target company.

Persons Acting in Concert Network

The latest disclosure reveals a comprehensive network of 23 entities acting in concert with Adventz Securities, including individual promoters, corporate entities, investment companies, and trading companies. Notable entities include Saroj Kumar Poddar, Jyotsna Poddar, Texmaco Rail & Engineering Limited, and Zuari Industries Limited.

Regulatory Compliance and Documentation

The disclosure was signed by Amisha Singh, Company Secretary of Adventz Securities Enterprises Limited, on March 30, 2026. The filing complies with SEBI regulations requiring disclosure when substantial acquisitions occur in listed companies. Both stock exchanges where Texmaco Infrastructure & Holdings Limited shares are listed were properly notified of the transaction.

Consolidated Acquisition Summary

Metric: Details
Total Shares Acquired (4 days): 7,72,727
Latest Acquisition Value (% of total capital): 0.28%
New Total Holding: 45,81,867 shares
New Percentage Holding: 3.60%
Target Company Share Capital: 12,74,26,590 shares

The four consecutive acquisitions significantly strengthen Adventz Securities' position in Texmaco Infrastructure & Holdings Limited, reflecting sustained promoter group confidence in the infrastructure and holdings company. All transactions were executed entirely through open market purchases, demonstrating transparent acquisition practices in compliance with regulatory requirements.

Historical Stock Returns for Texmaco Infrastructure & Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
+0.55%-0.53%+3.08%+1.96%-6.26%+37.36%

Will Adventz Securities continue its aggressive acquisition strategy to reach the 5% threshold that would trigger additional regulatory disclosure requirements?

How might this increased promoter group stake impact Texmaco Infrastructure's upcoming strategic decisions and capital allocation plans?

What infrastructure projects or business opportunities could be driving this concentrated investment by the promoter group in March 2026?

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Texmaco Infrastructure & Holdings Passes All Five Postal Ballot Resolutions with Strong Shareholder Support

2 min read     Updated on 21 Jan 2026, 12:02 PM
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Shriram SScanX News Team
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Texmaco Infrastructure & Holdings Limited successfully concluded its postal ballot process on January 21, 2026, with all five resolutions receiving overwhelming shareholder approval. Key appointments include Mr. Anish Choudhury as Managing Director (99.91% approval) and re-appointment of Mr. Ravi Todi as Independent Director (99.99% approval). The remote e-voting process saw strong participation with 69.52% of outstanding shares voting, demonstrating robust shareholder confidence in the company's strategic direction and governance practices.

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Texmaco Infrastructure & Holdings Limited has successfully concluded its postal ballot process on January 21, 2026, with all five proposed resolutions receiving overwhelming shareholder approval. The company conducted the voting process entirely through remote e-voting, demonstrating strong corporate governance practices and shareholder participation.

Key Leadership Appointments Approved

Shareholders approved two critical leadership appointments that will shape the company's future direction. The appointment of Mr. Anish Choudhury (DIN: 09403819) as Managing Director received exceptional support, with 99.91% of valid votes cast in favor of the special resolution.

Leadership Position Appointee Vote Support Resolution Type
Managing Director Mr. Anish Choudhury 99.91% Special Resolution
Independent Director Mr. Ravi Todi 99.99% Special Resolution

The re-appointment of Mr. Ravi Todi (DIN: 00080388) as Independent Director for a second term of five years, effective from May 14, 2026, garnered even stronger support with 99.99% approval from shareholders.

Comprehensive Voting Results

The remote e-voting process, conducted from 9:00 AM on December 20, 2025, to 5:00 PM on January 19, 2026, demonstrated robust shareholder engagement. Out of 38,875 total shareholders on the record date of December 12, 2025, significant participation was recorded across all resolution categories.

Resolution Details Total Votes Cast Votes in Favor Support Percentage
Managing Director Appointment 8,85,90,191 8,85,14,654 99.91%
Independent Director Re-appointment 8,85,90,191 8,85,85,687 99.99%
Articles of Association Alteration 8,85,90,191 8,85,85,697 99.99%
Related Party Transaction Approval 48,47,771 47,72,209 98.44%
Remuneration Revision Approval 7,91,59,994 7,91,55,289 99.99%

Corporate Governance and Compliance Measures

The company demonstrated exemplary compliance with regulatory requirements by conducting the postal ballot process in accordance with the Companies Act, 2013, and SEBI Listing Regulations. CA Niraj Agrawal of H. K. Agrawal & Co. served as the appointed scrutinizer, ensuring transparency and fairness throughout the voting process.

The alteration of the company's Articles of Association, another special resolution, received 99.99% shareholder approval, indicating strong confidence in the proposed governance changes. This resolution, along with the leadership appointments, reflects the company's commitment to strengthening its organizational structure.

Related Party Transactions and Remuneration Approvals

Two ordinary resolutions addressing related party transactions and executive remuneration were also approved with substantial majorities. The approval of material related party transactions with Mr. Anish Choudhury received 98.44% support from eligible voters, while the revision in remuneration for Mr. Gaurav Agarwala, Chief Executive of the Neora Unit, garnered 99.99% approval.

The voting process excluded related parties from specific resolutions as required by applicable regulations, ensuring compliance with corporate governance standards. The company's proactive approach to seeking shareholder approval for these transactions demonstrates transparency in its operations.

Strong Shareholder Participation

The postal ballot process witnessed significant shareholder engagement, with 69.52% of outstanding shares participating in the voting for major resolutions. The company facilitated the process by publishing newspaper advertisements in Financial Express and Aajkal on December 17 and December 20, 2025, ensuring broad communication reach to all stakeholders.

With all five resolutions successfully passed, Texmaco Infrastructure & Holdings has secured the necessary approvals to implement its strategic initiatives and strengthen its leadership structure for future growth.

Historical Stock Returns for Texmaco Infrastructure & Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
+0.55%-0.53%+3.08%+1.96%-6.26%+37.36%
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