Texmo Pipes and Products has published the notice for its 18th Annual General Meeting (AGM), which is scheduled to take place on Friday, September 11, 2026. The meeting will commence at 12:30 pm and will be held exclusively through video conferencing or other audio-visual means (VC/OAVM).

The company issued the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Notices were published in Free Press (English) and Choutha Sansar (Hindi) on Tuesday, August 18, 2026.

Meeting Details

Shareholders are requested to register their email addresses with their Depository Participants (DPs) or KFin Technologies Ltd., the company’s Registrar & Share Transfer Agents (RTA), to receive the Notice of AGM, Annual Report, and e-voting details via email. For shareholders who have not registered their email addresses, a letter containing a weblink to the Annual Report will be sent in accordance with SEBI Listing Regulations.

The Notice along with the Annual Report will also be available on the company’s website and the websites of BSE Limited and National Stock Exchange of India Limited.

E-Voting Process

Shareholders can cast their votes electronically on the businesses set forth in the Notice either remotely during the remote e-voting period or during the AGM when the e-voting window is activated. Login credentials for remote e-voting will be sent to registered email addresses. These same credentials are required for participating in the AGM through VC/OAVM and for e-voting on resolutions during the meeting.

Instructions for e-voting and attending the AGM via VC/OAVM will be provided in the Notice of AGM and uploaded on the RTA’s website.

Texmo Pipes and Products Limited reported a 35.5% year-on-year decline in net profit to ₹112.60 crore for the financial year ended March 31, 2026. Revenue from operations for the year decreased by 3.7% to ₹3,525.88 crore, down from ₹3,660.60 crore in the previous year. The board approved the audited standalone and consolidated financial results for the fourth quarter and fiscal year 2026 at its meeting held on May 28, 2026. The company published the extract of these audited financial results in Free Press (English) and Choutha Sansar (Hindi) on May 30, 2026, under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹5.05 crore, a significant drop from ₹51.47 crore in the same period last year. Revenue from operations for the quarter stood at ₹951.85 crore, compared to ₹908.13 crore in the corresponding quarter of the previous year. Total income for the quarter was ₹965.57 crore. On a consolidated basis, the net profit for the year was ₹139.02 crore, while revenue from operations was ₹3,757.07 crore.

Operational Metrics

The company's total expenses for FY26 increased to ₹3,409.24 crore from ₹3,524.17 crore in FY25. Key expense components included the cost of materials consumed at ₹2,099.21 crore and employee benefits expenses amounting to ₹277.05 crore. Finance costs for the year were ₹38.95 crore. The board also appointed M/s Saurabh Parikh & Associates as the Cost Auditor and Mrs. Neha Shroff as the Internal Auditor for FY 2026-27.

Auditor's Report

The Statutory Auditors, M/s Anil Kamal Garg & Company, issued an audit report with an unmodified opinion on the audited financial results. The report confirms that the financial statements present a true and fair view of the company's affairs in conformity with Indian Accounting Standards (Ind AS). The trading window for designated persons will remain closed until June 1, 2026, in accordance with SEBI regulations.