Titagarh Rail Systems Board Approves AGM, Dividend Record Date, JV Exit

Titagarh Rail Systems Ltd's Board of Directors met on September 7, 2026, approving key corporate actions. The board sanctioned the re-appointment of Deputy Managing Director Shri Anil Kumar Agarwal for three years, subject to shareholder approval. The 29th Annual General Meeting is scheduled for September 30, 2026. A record date of September 23, 2026, was fixed for dividend payment for FY 2025-26. Additionally, the company will exit its joint venture, Titagarh Mermec Private Limited (TMPL), which is currently non-operational, by undertaking necessary closure steps, subject to approvals. This decision aligns with optimizing business portfolios and focusing resources on growth opportunities.