Dividend12 May 2026, 06:51 pm
Texmaco Rail: FY26 Dividend ₹0.75; Invests ₹200 Cr in Defence
AI Summary
Texmaco Rail & Engineering Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026, with a modified opinion from auditors L.B. Jha & Co. LLP. A dividend of ₹0.75 per share was recommended for FY26, pending shareholder approval at the AGM. The company plans to invest up to ₹200 Crores in Texmaco Defence Technologies Ltd. over the next 3-5 years and has entered into an agreement with Sigma Rail Systems Pvt. Ltd. for collaboration in railway signalling. Re-appointments of internal and cost auditors were also approved.
Key Highlights
- Texmaco Rail declares audited financial results for FY26 with modified audit opinion.
- Board recommends a dividend of ₹0.75 per share for FY26.
- Investment of up to ₹200 Crores planned for Texmaco Defence Technologies Ltd.
- Collaboration agreement signed with Sigma Rail Systems for railway signalling.
- Re-appointment of internal and cost auditors for FY27 approved.
Price Impact
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