Texmaco Infrastructure Holdings Director Prakash Chandra Kejriwal Steps Down

Texmaco Infrastructure & Holdings Limited has announced the resignation of Prakash Chandra Kejriwal (DIN: 00964460) from its Board of Directors. The non-executive director will be relieved from his duties effective at the close of business on November 10, 2025.

Resignation Details

Kejriwal cited "other commitments" as the primary reason for his departure. In his resignation letter, he confirmed that there are no other material reasons for his decision to step down from the board.

Company Response

The company has duly informed the National Stock Exchange of India and BSE Limited about this development. Chief Financial Officer Ganesh Gupta signed the notification to the exchanges, which included the following key points:

Aspect	Detail
Resigning Director	Prakash Chandra Kejriwal
Director Identification Number (DIN)	00964460
Position	Non-Executive Director
Effective Date of Resignation	Close of business on November 10, 2025
Reason for Resignation	Other commitments
Additional Material Reasons	None stated

Board Acknowledgment

In his resignation letter, Kejriwal expressed gratitude to the Board of Directors for their support during his tenure as a Director of the company. The exact duration of his service on the board was not specified in the available information.

Regulatory Compliance

Texmaco Infrastructure & Holdings Limited has adhered to Regulation 30 of the Listing Regulations by promptly disclosing this material event to the stock exchanges. The company's communication included Kejriwal's resignation letter as an annexure, ensuring transparency in the disclosure process.

This change in the board composition comes as Texmaco Infrastructure & Holdings Limited continues its operations in the infrastructure sector. The impact of Kejriwal's departure on the company's strategic direction, if any, remains to be seen as the board adjusts to this change in its non-executive leadership.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.63%	-1.04%	+7.37%	+4.47%	-12.33%	+196.22%

Texmaco Infrastructure & Holdings , a diversified company with interests in real estate, mini hydro power, and job work services, has reported a remarkable financial performance for the first quarter.

Profit Soars

The company's net profit for the quarter skyrocketed to Rs 34.01 crore, marking an impressive 836% increase from Rs 3.64 crore in the corresponding quarter of the previous year. This substantial growth in profitability underscores the company's strong financial position and operational efficiency.

Revenue Growth

Texmaco Infrastructure's revenue from operations also showed positive momentum, growing by 7% to Rs 40.49 crore compared to the same period last year. This growth indicates the company's ability to expand its business activities and capture market opportunities effectively.

Segment Performance

The company's performance across its business segments was mixed:

Mini Hydro: This segment emerged as a star performer, with revenue surging by 61% to Rs 7.92 crore. The significant growth in this segment highlights the company's successful expansion in the renewable energy sector.
Real Estate: The real estate segment also showed strong growth, with revenue increasing by 10% to Rs 17.91 crore. This growth reflects the company's ability to capitalize on opportunities in the property market.
Job Work Services: This segment experienced a decline of 11%, with revenue dropping to Rs 16.39 crore.

Other Income Boosts Profitability

A significant contributor to the company's profit growth was the surge in other income, which increased by 252% to Rs 60.77 crore. This substantial rise in other income played a crucial role in boosting the company's overall profitability.

Balance Sheet Strengthens

Texmaco Infrastructure's balance sheet showed considerable improvement:

Metric	Growth	Value (Rs Crore)
Total assets	22.5%	1,949.87
Net worth	22.9%	1,629.56

These figures indicate a strengthening financial position and increased shareholder value.

Earnings Per Share

The company's earnings per share (EPS) improved significantly to Rs 0.26 from Rs 0.03 in the previous year, reflecting the substantial increase in profitability.

Management Approval

The unaudited financial results for the quarter were reviewed by the Audit Committee and approved by the Board of Directors. The Statutory Auditors have issued a limited review report with an unmodified opinion on these results.

Texmaco Infrastructure & Holdings Limited's strong performance, particularly in its Mini Hydro and Real Estate segments, coupled with significant growth in other income, has positioned the company for potential continued success in the coming quarters.