StockWatch
·
Industrial Products
Award7 Jul 2026, 11:53 am

Texmaco Rail Bags ₹70.72 Cr Order from Central Warehousing Corp

AI Summary

Texmaco Rail & Engineering Ltd has received a Letter of Award worth ₹70.72 Crores (including taxes) from Central Warehousing Corporation. The contract involves the manufacture and supply of BLSS rakes along with Brake Vans. The order is to be executed within 180 days from the date of the award. This domestic order signifies continued business for the company in the rail engineering sector.

Key Highlights

  • Secured a significant order worth ₹70.72 Crores from Central Warehousing Corporation.
  • Order is for manufacturing and supplying BLSS rakes and Brake Vans.
  • Execution timeline for the contract is within 180 days.
  • The award is from a domestic entity, reinforcing local business.
  • No promoter or group company interest in the awarding entity.