Texmaco Infrastructure Makes Further Investment in Subsidiary for Real Estate Expansion
Texmaco Infrastructure & Holdings Ltd has increased its stake in its wholly owned subsidiary, Valley View Landholdings Pvt. Ltd. (VVLPL), through a fresh capital infusion aimed at supporting and expanding VVLPL's presence in the Real Estate sector.The company made a further investment amounting to Rs 6,87,75,000 in VVLPL by subscribing to 9,17,000 Equity Shares of Rs 10 each. The shares were issued at a premium of Rs 65 per share.
This transaction involves the subscription to equity shares and represents continued backing for the subsidiary's growth strategy. Before the investment, Texmaco held 100% of the shares in VVLPL, and post-investment, the holding percentage remains unchanged at 100%.
Valley View Landholdings Pvt. Ltd., which operates in the Real Estate industry, was incorporated in 2013. The company's objective for this investment is to support and expand its footprint within the Real Estate business. Financial details of VVLPL show a total income of Rs 0.25 lakhs for the fiscal year 2025-26.
TEXINFRA Stock Price Movement
Texmaco Infrastructure & Holdings Limited closed today after settling at ₹114.11, posting a modest gain of 0.00% in trading activity. The stock saw moderate interest as it finished the day with 81,626 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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