Business Update12 Aug 2026, 05:31 pm
Texmaco Rail Bags ₹77.76 Cr Order from IVC Logistics
AI Summary
Texmaco Rail & Engineering Ltd has announced the receipt of a significant purchase order worth ₹77.76 Crores (including taxes) from IVC Logistics Limited. The order entails the supply of 3 rakes of ACT1 wagons, with each rake including 1 BVCM wagon. The execution of this order is scheduled to be completed on or before March 31, 2027. This order is from a domestic entity, and there is no indication of promoter or group company interest in IVC Logistics Limited, nor does it fall under related party transactions. The company is part of the Adventz group.
Key Highlights
- Secured a new order worth ₹77.76 Crores from IVC Logistics Limited.
- Order includes supply of 3 rakes of ACT1 wagons and 1 BVCM wagon per rake.
- Execution deadline set for March 31, 2027.
- Transaction is domestic and not a related party transaction.
- Order value is inclusive of taxes.
Price Impact
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