Business Update23 May 2026, 10:21 pm
Texmaco Rail Bags ₹28.58 Cr Order from Vedanta Aluminium
AI Summary
Texmaco Rail & Engineering Ltd has received a letter of award from Vedanta Aluminium Metal Limited for the supply of 1 rake BTAP Alumina transportation wagon and 1 brake Van (Guard Vehicle). The order is valued at ₹28.58 Crores (including taxes) and is to be executed within 6 months from the date of Notice to Proceed (NTP). The order is domestic and does not involve any related party transactions or promoter interest.
Key Highlights
- Texmaco Rail receives ₹28.58 Cr order from Vedanta Aluminium Metal Limited.
- The order includes supply of 1 rake BTAP Alumina transportation wagon and 1 brake Van.
- Order execution timeline is within 6 months from the date of NTP.
- The order is classified as domestic and has no related party transactions.
- No promoter/promoter group interest in Vedanta Aluminium Metal Limited.
Price Impact
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