Business Update1 Jul 2026, 10:40 pm
Texmaco Rail Bags ₹351.16 Cr Orders from JSW & Sushila Transport
AI Summary
Texmaco Rail & Engineering Ltd has announced the receipt of two significant orders aggregating to ₹351.16 Crores, inclusive of taxes. The orders have been awarded by JSW (South) Rail Logistics Private Limited for ₹253.28 Crores and Sushila Transport Private Limited for ₹97.88 Crores. These contracts involve the manufacture and supply of BFNSM1 Rakes along with BVCM Wagons from JSW (South) Rail Logistics, and ACT1 Rakes along with BVCM Wagons from Sushila Transport. The execution timelines are within 13.5 months from the commencement date for the first order and by October 31, 2027, for the second. This development is expected to bolster the company's order book and revenue streams.
Key Highlights
- Secured orders worth ₹351.16 Crores from JSW and Sushila Transport.
- Contracts include manufacture and supply of various rail rakes and wagons.
- Execution timelines range up to October 2027.
- No promoter or group company interest in the awarding entities.
- Orders are domestic and not related party transactions.
Price Impact
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