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Texmo Pipes & Products Ltd. Company History and Annual Growth Details

Our Company started as a partnership firm under the name Shree Mohit Industries on May 13, 1999.
The constitution of the partnership firm was changed from time to time and in the year 2008, the
partners as on that date viz. Ms Rashmidevi, Mr. Sanjay Agrawal, Mr. Vijay Prasad Pappu, Mr.
Mohanlal Shah, Mr. Rajesh Agrawal, Mr. Mehmood Khan and Mr. Ananda Nago Umale agreed to
convert the business of the firm into a public limited company under the name and style of Texmo
Pipes and Products Limited under Section 566 of the Companies Act, 1956. A fresh certificate of
incorporation and Certificate of Commencement of business was issued on July 3, 2008 and July 28,
2008 respectively by Registrar of Companies, Madhya Pradesh & Chhattisgarh.

To consolidate our operations, we have signed Business Transfer Agreement (BTA) on August 5, 2008
and August 6, 2008 for purchase of specified assets and liabilities of our three promoter group entities
viz. Shree Balaji Industries, Shree Venkatesh Industries and Shree Padmavati Irrigation Private
Limited. The salient features of this Agreement are disclosed on page no. 81 of this Red Herring
Prospectus.

Shree Mohit Industries started its operations in the financial year 1999-2000 with manufacturing of
PVC pipes viz. rigid PVC pipes, PVC casing & screened pipes and caping and casing pipes. In the
financial year 2001 it started manufacturing riser and plumbing pipe, conduit pipe and PLB HDPE
Cable Duct. Subsequently in the year 2003 they started manufacturing suction & delivery hose pipe,
elastomeric sealing ringfit PVC Pipe (Gasket Pipe), SWR Pipe, HDPE plain pipe, sprinkler pipe and
drip irrigation system.

Presently, we are engaged into manufacturing of wide range of PVC, HDPE and suction hose pipes
viz. suction & delivery hose pipe, rigid PVC pipes, elastomeric sealing ringfit PVC Pipe (Gasket
Pipe), PVC casing and screen pipes, SWR pipe, riser and plumbing pipe, conduit pipe, caping casing
strips, column pipe, HDPE plain pipe, sprinkler pipe, PLB HDPE cable duct and drip irrigation
system. The pipes manufactured by our Company suits the requirements of application in
agriculture, potable water supply schemes, sewerage and drainage systems, construction industry,
telecom industry, bore well for underground water suction, etc., ranging in sizes from 20 mm
diameter to 315 mm diameters in all pressure ratings.

Major events of our Company

Financial Year Event

1999- 2000 Started as a partnership firm under the name Shree Mohit Industries. The
partnership deed was signed on May 13, 1999 between Ms. Rashmidevi
Agrawal, Mr Sanjay Agrawal and Master Mohit Agrawal

Started manufacturing Rigid PVC pipes, PVC Casing and Screen pipes and caping casing pipes

The partnership deed dated May 13, 1999 was dissolved and a new
partnership deed dated August 1, 1999 was signed between Mr. Sanjay
Agrawal, Ms. Abhadevi, Ms. Rashmidevi Agrawal and Master Mohit Agrawal.

2000- 2001 Received our first ISI licenses from The Bureau of Indian Standard to use the
standard mark i.e. ÂISIÂ.

2001- 2002 Started manufacturing Riser and Plumbing pipe, Conduit Pipe, PLB HDPE Cable Duct

The partnership deed dated August 1, 1999 was dissolved and a new
partnership deed dated April 1, 2001 was signed between Ms. Rashmidevi

Agrawal, Mr. Sanjay Agrawal and Master Mohit Agrawal

Accredited with ISO-9001:2000 certification in respect of our quality
management systems from SGS United Kingdom Limited

2003- 2004 Our permanently lubricated HDPE were approved by Bharat Sanchar Nigam
Limited, Bangalore.

Started manufacturing suction & delivery hose pipe, elastomeric sealing ringfit
PVC Pipe (Gasket Pipe), SWR pipe, HDPE plain pipe, sprinkler pipe and drip
irrigation system

2005- 2006 Maharashtra Jeevan Pradhikaran enlisted our firm as an approved supplier of
specified PVC pipes

2006- 2007 Government of Maharashtra enlisted our firm for supply of specified pipes for
Jalswarajya Project

2007- 2008 Gujarat Water Supply and Sewerage Board approved our Company as the
approved manufacturer (vendor) for supply of UPVC Casing and Screen pipes.

The partnership deed dated April 1, 2001 was dissolved and a new partnership
deed dated June 25, 2008 was signed between Ms Rashmidevi Agrawal, Mr.
Sanjay Agrawal, Mr. Vijay Prasad Pappu, Mr. Mohanlal Shah, Mr. Rajesh
Agrawal, Mr. Mehmood Khan and Mr. Ananda Nago Umale

2009

-Converted into a Public Limited Company under the name Texmo Pipes and Products Limited

-Received Certificate of Incorporation

-Received the Certificate of Commencement of Business

-Commissioning of Unit 2 at Bahadarpur Road, Buharanpur, Madhya Pradesh.

2011

-Commencement of the commercial production.

-Formation of the Wholly Owned Subsidiary Company of Texmo Pipes and Products Limited.

2012

-Texmo Pipes conferred with Bhamashah Award from Govt of MP.

2013
-Texmo Pipes & Products appointed Smt. Rashmi Devi Agrawal as additional director.

2014
-Texmo Pipes & Products - Award of new Orders worth Rs. 60.91 Crore.
-Texmo Pipes and Products Ltd. has informed that commercial production of one of the most prestigious and much awaited project of CPVC Pipes and Fittings has been started.

2018

-Texmo Pipes & Products bagged an order of HDPE Pipe worth Rs 81.30 Cr from Larsen & Toubro, Chennai.

2019

-Rating Agency Brickwork Rating India Private Limited has reaffirmed Bank loan rating of Texmo Pipes and Products Limited.

2020

-The Company has received an order of HDPE Pipe/ PVC Pipes worth Rs 56.09 Cr from Multiple Contractors.

2021

-The Company has received orders from multiple Contractors of HDPE Pipes worth Rs. 121Cr.

2022

-The Company has launched a new product "TEXMO WATER TANK''

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