Business Update24 Jun 2026, 06:00 pm
Texmaco Rail Wins ₹6.28 Cr Order from Western Railway
AI Summary
Texmaco Rail & Engineering Ltd has received a Letter of Acceptance (LOA) worth ₹6.28 Crores (including taxes) from Western Railway. The contract involves the provision of Nylon Net, Anti monkey Climbing Device, and anti-bird disc. The order is to be executed within 12 months from the date of the LOA. This domestic contract does not involve any interest from promoters or group companies and is not considered a related party transaction. The company has confirmed no promoter/group interest in the awarding entity.
Key Highlights
- Secured a new contract valued at ₹6.28 Crores from Western Railway.
- Contract scope includes provision of anti-climbing and anti-bird devices.
- Execution timeline is within 12 months of the LOA.
- Transaction is domestic and not a related party deal.
- No promoter or group company interest in the awarding entity.
Price Impact
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