Texmaco Rail & Engineering Limited

Texmaco Rail & Engineering Limited announced it has received an order worth Rs 27.82 crores from Hindalco Industries Limited for the supply of one BTAP rake along with one Brake Van, to be used for the Aditya Expansion Project. The order, awarded domestically, requires execution within eight months from the date of purchase order and does not involve any related party transactions, according to a regulatory filing made on September 10, 2026.

Texmaco Rail & Engineering Limited announced it has received two new orders totaling Rs 131.36 Crores, comprising Rs 24.48 Crores from Transport Corporation of India Limited and Rs 106.88 Crores from Touax Texmaco Railcar Leasing Private Limited, for the manufacture, supply, and commissioning of rail wagons. The orders, both domestic in nature, are to be executed within 16 weeks and by May 26, 2027, respectively, with Texmaco noting that the company is a promoter of Touax Texmaco Railcar Leasing Private Limited, but the transaction is being conducted at arm’s length and does not present a conflict of interest.

Texmaco Rail & Engineering Limited announced that its Nomination & Remuneration Committee approved the grant of 21,073 options to eligible employees under the Texmaco Long Term Incentive Plan (“LTIP”) Scheme 2026, according to a filing with the National Stock Exchange of India Ltd. and BSE Limited on September 5, 2026, with each option convertible into one equity share of face value of Rs 1/-.

Texmaco Rail & Engineering Limited announced it has received an order for Rs 24.48 crores from Transport Corporation of India Limited for the manufacture, supply, and commissioning of one rake comprising Type: ACT -1 & BVCM wagons. The domestic order, awarded on September 1, 2026, is to be executed within 16 weeks and does not involve any related party transactions; Texmaco disclosed this information in compliance with SEBI’s listing obligations and disclosure requirements.

Texmaco Rail & Engineering Ltd. is currently trading at Rs 113.83, up 4.48%, while the stock has risen 5.34% over the last one week. Texmaco Rail & Engineering Limited announced it has received a Letter of Award valued at USD 135 Million from Tsiko Africa Logistics (Pty) Ltd. together with Barberry Holdings (Pty) Ltd. for the design, manufacture, supply, and commissioning of Wabtec ES43ACi – 4,500 HP Diesel-Electric Locomotives; the international order, awarded on September 1, 2026, is expected to be executed within 20 to 24 months from the signature of the Definitive Agreement, and does not involve any related party transactions or interest from promoters, promoter groups, or group companies. Texmaco Rail & Engineering Ltd. shares traded at a volume of 72.86 lakh today, representing a significant increase of 67.15% compared to the average volume over the past week. Texmaco Rail & Engineering Ltd. softened by 18.00% year-over-year, underperforming the NIFTY50 index's 2.21% loss.

Texmaco Rail & Engineering Limited announced that Kishor Kumar Rajgaria has been relieved from his role as Chief Financial Officer, effective close of business hours on Monday, August 31, 2026, as previously disclosed on July 14, 2026.

Texmaco Rail & Engineering Limited has entered into a Memorandum of Understanding with Bochumer Verein Verkehrstechnik GmbH, Germany, to explore potential collaboration in the field of railway wheels, wheelsets, axles, and related rail vehicle components, including the potential establishment of a joint venture entity in India. The agreement, effective for 12 months, outlines broad terms for evaluating opportunities, technical requirements, and potential supply arrangements, with detailed commercial terms and shareholding distribution to be finalized in subsequent definitive agreements.

Texmaco Rail & Engineering Limited has set Friday, September 11, 2026, as the record date for determining entitlement to receive a dividend for the financial year 2025-26, contingent upon declaration at the company’s 28th Annual General Meeting scheduled for Friday, September 18, 2026.

Texmaco Rail & Engineering Limited has set Friday, September 11, 2026, as the record date for determining entitlement to receive a dividend for the financial year 2025-26, contingent upon declaration at the company's 28th Annual General Meeting scheduled for Friday, September 18, 2026.

Texmaco Rail & Engineering Limited announced an investment of Rs 6,88,00,000 in its subsidiary, Texmaco Defence Technologies Ltd (“TDTL”), by subscribing to 6,88,000 equity shares, changing TDTL’s status from a wholly-owned subsidiary to a subsidiary with Texmaco Rail & Engineering Limited holding 70% stake, while a new investor, VAGUS DEF TECH & AEROSPACE FUND -1, acquired a 30% stake at the same rate.