Texmo pipes & products Limited has announced that its board of directors will convene on February 10, 2026, to review and approve the company's quarterly financial performance. The meeting represents a key corporate governance milestone as the company prepares to disclose its financial results for the third quarter of fiscal year 2026.

Board Meeting Details

The board meeting has been scheduled in compliance with regulatory requirements and will address several important agenda items:

Financial Results Under Review

The board will consider and take on record the unaudited standalone and consolidated financial results for two specific periods. The financial statements will cover the quarter ended December 31, 2025, providing insights into the company's third-quarter performance. Additionally, the board will review the nine months ended December 31, 2025, offering a comprehensive view of the company's performance for the first three quarters of the fiscal year.

Trading Window Restrictions

In accordance with insider trading prevention measures, Texmo Pipes and Products Limited has implemented trading window restrictions. The company's trading window will remain closed until February 12, 2026, as previously communicated through their letter dated December 27, 2025.

These restrictions align with:

• SEBI (Prohibition of Insider Trading) Regulations, 2015
• Company's Code of Conduct for designated persons
• Prevention measures for insider trading in equity shares
• Monitoring and reporting requirements for designated persons and their immediate relatives

Regulatory Compliance Framework

The board meeting announcement demonstrates the company's commitment to maintaining transparency and regulatory compliance. The notification has been submitted to both major stock exchanges where the company's shares are listed, ensuring all stakeholders receive timely information about the upcoming financial disclosure.

The meeting will also address other agenda items beyond the financial results, though specific details of these additional matters have not been disclosed in the current announcement.

Texmo Pipes and Products , a leading manufacturer of PVC pipes and fittings, has been directed by the Securities and Exchange Board of India (SEBI) to address two significant financial matters. This development comes as the company shows signs of financial improvement in its recent quarterly results.

SEBI Directives

The market regulator has instructed Texmo Pipes and Products to take action on two fronts:

1. Recall of Book Entry Loan: The company must recall a book entry loan from the accounts of Tapti Pipes & Products. This directive suggests potential concerns about the company's financial practices and inter-company transactions.

2. GDR Proceeds: Texmo Pipes and Products has been ordered to credit the outstanding amount of Global Depository Receipt (GDR) proceeds within a three-month timeframe. This instruction indicates that there might be unresolved issues related to the company's international fundraising activities.

These directives from SEBI underscore the regulator's commitment to ensuring transparency and proper financial management in listed companies.

Recent Financial Performance

Despite the regulatory challenges, Texmo Pipes and Products has shown some positive financial trends in its recent quarterly results:

Q3 FY2024 Highlights (October-December 2023)

Financial Position

As of March 2024, Texmo Pipes and Products reported:

Outlook

While the SEBI directives pose immediate challenges for Texmo Pipes and Products, the company's improving financial metrics suggest a potential for recovery. The management's response to these regulatory requirements and their ability to maintain the positive financial momentum will be crucial for the company's future performance and investor confidence.

Shareholders and potential investors should closely monitor the company's actions in addressing SEBI's directives and their impact on future financial statements. The resolution of these issues, coupled with sustained financial growth, could play a significant role in shaping the company's market position and valuation in the coming quarters.