Business Update27 Jun 2026, 05:00 pm
Texmaco Rail Bags ₹4.71 Cr Order from Mangalore Coal Terminal
AI Summary
Texmaco Rail & Engineering Ltd has received a Letter of Intent (LOI) worth ₹4.71 Crores (including taxes) from Mangalore Coal Terminal Private Limited. The contract involves the Design, Supply, Erection, Testing & Commissioning of 25KV, 50Hz Over Head Electrical Equipment. The execution period for this domestic order is within 12 months from the commencement date. This development signifies a new business win for Texmaco Rail in the infrastructure sector.
Key Highlights
- Secured a new order worth ₹4.71 Crores from Mangalore Coal Terminal.
- Contract covers design, supply, and commissioning of electrical equipment.
- Execution timeline is within 12 months from the commencement date.
- The order is from a domestic entity.
- No promoter or group company interest in the awarding entity.
Price Impact
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