Business Update8 May 2026, 02:36 pm
Texmaco Rail Bags ₹57.15 Cr Order from Vedanta Aluminium
AI Summary
Texmaco Rail & Engineering Ltd has received an order worth ₹57.15 crores from Vedanta Aluminium Metal Limited for the supply and commissioning of 2 BTAP Rakes and 2 Nos. of BVCM. The order is domestic and is to be executed within 6 months for the first rake and 8 months for the second rake from the effective date of May 8, 2026. The company has confirmed that there is no interest of promoter/promoter group/group companies in Vedanta Aluminium Metal Limited and the order does not fall within related party transactions.
Key Highlights
- Texmaco Rail receives ₹57.15 Cr order from Vedanta Aluminium Metal Limited.
- Order includes supply and commissioning of 2 BTAP Rakes and 2 Nos. of BVCM.
- The order is domestic and is to be executed within 6-8 months.
- No promoter interest in the entity awarding the order.
- The order does not fall under related party transactions.