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Zuari Industries Buys Texmaco Infra Shares for ₹148 Crore, Stake Rises to 30.83%.
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CNBC Awaaz•23-09-2026, 20:18
Zuari Industries Buys Texmaco Infra Shares for ₹148 Crore, Stake Rises to 30.83%.
- •Zuari Industries Limited purchased 1,28,10,900 shares of Texmaco Infrastructure & Holdings Limited (TIHL) for ₹147.96 crore.
- •The deal was executed on September 23, 2026, via a block deal on the National Stock Exchange.
- •This acquisition increased Zuari Industries' stake in Texmaco Infrastructure from 20.78% to 30.83%.
- •The company aims to consolidate its investment portfolio at the listed holding company level.
- •Texmaco Infrastructure & Holdings is primarily involved in real estate, small hydropower projects, and investment businesses.
Key Questions Answered
Zuari Industries purchased 1,28,10,900 shares of Texmaco Infrastructure & Holdings Limited for a total amount of ₹147.96 crore.
Following the acquisition of 1.28 crore shares, Zuari Industries' stake in Texmaco Infrastructure increased from 20.78% to 30.83%.
Established in August 1939, Texmaco Infrastructure & Holdings is primarily engaged in real estate, small hydropower projects, and investment businesses.
