Deals28 Apr 2026, 02:56 pm
Texmaco Rail Bags ₹36 Cr Eastern Railway Order for Auto Signalling
AI Summary
Texmaco Rail & Engineering Ltd has secured a domestic order worth ₹36.00 crores (excluding taxes) from Eastern Railway. The contract involves the replacement of Auto Signalling systems using Multi Section Digital Axle Counters (MSDAC). The order is to be executed within 24 months from the date of the Letter of Acceptance. The company confirmed that there is no promoter or related party interest in the entity awarding the order, and the transaction does not fall under related party transactions.
Key Highlights
- Texmaco Rail secured a ₹36 Cr order from Eastern Railway.
- Contract for replacement of auto signalling with MSDAC technology.
- Order to be executed within 24 months from acceptance date.
- Domestic order with no related party involvement.