Investment15 Jan 2025, 10:34 pm
Transrail Lighting Ltd. Approves Capex Plan of Rs 326.6 Crore & Reports H1 FY2024 Order Intake of Rs 2,248 Crore
AI Summary
The Board of Directors of Transrail Lighting Ltd. at its meeting on 15th January, 2025, approved a capex plan of Rs 326.6 Crore to enhance manufacturing capacity, set up a new tower manufacturing facility, and procure plant & machinery for construction. The company also approved fundraising through debt up to Rs 236.6 Crore to finance the capex plan. The order intake for the half year ended 30th September, 2024, was reported at Rs. 2,248 Crore, with a total order book of Rs. 10,358 Crore.
Key Highlights
- Transrail Lighting Ltd. approves a capex plan of Rs 326.6 Crore
- The capex plan includes increasing manufacturing capacity, setting up a new tower manufacturing facility, and procuring plant & machinery for construction
- The company approved fundraising through debt up to Rs 236.6 Crore to finance the capex plan
- H1 FY2024 order intake stands at Rs. 2,248 Crore
- Total order book for Transrail Lighting Ltd. as of 30th September, 2024, is Rs. 10,358 Crore