Deals29 Apr 2026, 10:21 pm
Texmaco Rail Bags ","187.28 Cr Order from Southern Railway
AI Summary
Texmaco Rail & Engineering Ltd has received four orders totaling ","187.28 crores (excluding taxes) from Southern Railway. The orders are for the provision of interlocking arrangements at 183 non-interlocked gates. The execution period for these orders is within 18 months from the date of the Letter of Acceptance. The company confirmed that neither its promoter/promoter group nor group companies have any interest in Southern Railway, and the orders do not fall under related party transactions.
Key Highlights
- Secured four domestic orders worth ","187.28 Cr from Southern Railway.
- Orders involve interlocking arrangements at 183 non-interlocked gates.
- Execution timeline for the orders is 18 months.
- No related party interest in the awarding entity.
- Enhances order book and strengthens railway infrastructure segment.