Texmaco Rail allots shares to Adventz, Samena after warrant conversion

Texmaco Rail & Engineering Limited announced the allotment of 73,97,270 fully paid-up equity shares of face value INR 1/- each, following the conversion of warrants issued on April 12, 2024. This preferential allotment, approved by the Capital Issue Committee on October 9, 2025, involved Adventz Finance Private Limited (Promoter Group) and Samena Green Limited (Non-Promoter).

Adventz Finance Private Limited received 38,86,010 equity shares at INR 193/- each, upon payment of the remaining 75% consideration totaling INR 56,24,99,947.50. Samena Green Limited was allotted 35,11,260 equity shares at the same price, following their 75% balance payment of INR 50,82,54,885/-. These new shares rank pari passu with existing equity shares.

Post-allotment, the company's issued, subscribed, and paid-up capital increased to 40,68,64,572 equity shares. A total of 3,74,750 warrants, for which Samena did not exercise the option, are set to lapse on October 12, 2025, as per SEBI regulations.