
Business Update3 Oct 2026, 12:30 pm
Texmaco Rail Bags ₹3.65 Cr Order from West Central Railway
AI Summary
Texmaco Rail & Engineering Ltd has received a Letter of Acceptance from West Central Railway for an order valued at ₹3.65 Crores (including taxes). The contract is for the provision of Anti-bird discs to prevent bird faults. The order is to be executed within 12 months from the date of issuance of the Letter of Acceptance. This is a domestic order and does not involve any interest from promoters or group companies, nor does it fall under related party transactions. The company has confirmed that the order is not a related party transaction and is done at arm's length.
Key Highlights
- Secured a new order worth ₹3.65 Crores from West Central Railway.
- Order is for the supply of Anti-bird discs for fault prevention.
- Execution timeline is within 12 months from the acceptance date.
- The contract is a domestic order with no promoter/group interest.
- Transaction is not a related party deal and is at arm's length.
Price Impact
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