StockWatch
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Industrial Products
Auditor12 May 2026, 07:11 pm

Texmaco Rail: Re-appoints Internal & Cost Auditors; Dividend Declared

AI Summary

Texmaco Rail & Engineering Ltd's board re-appointed Deloitte Touche Tohmatsu India, LLP as Internal Auditors and DGM & Associates as Cost Auditors for FY 2026-27. The board approved a dividend of Re. 0.75 per equity share for FY 2025-26, subject to shareholder approval at the AGM. The company will 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.

Key Highlights

  • Deloitte Touche Tohmatsu re-appointed as Internal Auditors for FY 2026-27.
  • DGM & Associates re-appointed as Cost Auditors for FY 2026-27.
  • Dividend of Re. 0.75 per share recommended for FY 2025-26.
  • Investment up to ₹200 Crores planned for Texmaco Defence Technologies Ltd.
  • Collaboration agreement signed with Sigma Rail Systems for Railway Signalling.