TEXMACO RAIL & ENGINEERING LTD.

Texmaco Rail & Engineering Ltd has announced the receipt of a significant order worth ₹27.82 Crores (including taxes) from Hindalco Industries Limited. The order is for the supply of one BTAP rake along with one Brake Van for the Aditya Expansion Project. This domestic order is expected to be executed within 8 months from the date of the Purchase Order. The company confirmed that promoters or group companies do not have any interest in Hindalco, and the transaction is not a related party transaction.

Texmaco Rail & Engineering Ltd has announced the receipt of two significant orders totaling ₹131.36 Crores, inclusive of taxes. The orders come from Transport Corporation of India Limited for ₹24.48 Crores and Touax Texmaco Railcar Leasing Private Limited for ₹106.88 Crores. The scope of work involves the manufacture, supply, and commissioning of various types of wagons. The order from Transport Corporation of India is to be executed within 16 weeks from the date of the Letter of Intent (LOI). The order from Touax Texmaco Railcar Leasing Private Limited is to be executed by May 26, 2027. Notably, Texmaco Rail & Engineering Ltd has an interest in Touax Texmaco Railcar Leasing Private Limited as one of its promoters, and the transaction is conducted on an arm's length basis.

Texmaco Rail & Engineering Ltd has announced the grant of 21,073 stock options to eligible employees under its Long Term Incentive Plan (LTIP) Scheme, 2026. The Nomination & Remuneration Committee approved the grant, which is in compliance with SEBI (Share Based Employee Benefits) Regulations, 2021. Each option is convertible into one equity share of face value ₹1. The exercise price is set at the face value of ₹1 per share. Options can be exercised within two years from the date of vesting. The LTIP will be implemented through a fresh issue of shares, and shares allotted upon exercise will not be subject to a lock-in period, ranking pari-passu with existing equity shares.

Texmaco Rail & Engineering Ltd has announced the appointment of Shri Shibu Mathews as its new Chief Financial Officer (CFO), effective September 5, 2026. The decision was approved by the Board of Directors following recommendations from the Nomination and Remuneration Committee and approval from the Audit Committee. Shri Mathews brings over 26 years of experience in finance leadership roles at prominent Indian and multinational corporations, including MRF Ltd., Bharti Airtel, and ITC Ltd. His expertise spans corporate treasury, financial planning, strategy, risk management, and capital allocation, with a background in manufacturing finance and project implementation.

Texmaco Rail & Engineering Ltd has announced the receipt of an order worth ₹24.48 Crores (including taxes) from Transport Corporation of India Limited. The order is for the manufacture, supply, and commissioning of one rake comprising Type: ACT-1 & BVCM wagons. The execution of this contract is expected to be completed within 16 weeks from the date of the Letter of Intent (LOI). This domestic order signifies continued business for the company in the rail engineering sector.

Texmaco Rail & Engineering Ltd has received a Letter of Award worth USD 135 Million from Tsiko Africa Logistics (Pty) Ltd. together with Barberry Holdings (Pty) Ltd. The contract is for the Design, Manufacture, Supply, and Commission of Wabtec ES43ACi – 4,500 HP Diesel-Electric Locomotives. The execution period for this international order is estimated to be within 20 to 24 months from the signature of the Definitive Agreement. The consideration is exclusive of applicable taxes and duties. This significant award underscores the company's capabilities in the international locomotive manufacturing sector.

Texmaco Rail & Engineering Ltd announced that its Chief Financial Officer, Shri Kishor Kumar Rajgaria, has been relieved from his services. His cessation from the company is effective from the close of business hours on Monday, August 31, 2026. This follows an earlier intimation dated July 14, 2026, regarding his resignation. The company confirmed that all details required under SEBI regulations were previously disclosed to the stock exchanges.

Texmaco Rail & Engineering Ltd has signed a Memorandum of Understanding (MOU) with Bochumer Verein Verkehrstechnik GmbH (BVV) of Germany. The agreement aims to explore and pursue potential collaboration in the field of railway wheels, wheelsets, axles, and related rail vehicle components. This collaboration may involve evaluating opportunities, supply to the Indian and global railway industries, and providing associated technical services. The parties are considering a joint venture entity in India and a supply arrangement where BVV would supply products to Texmaco. The MoU is effective for 12 months and contains exclusivity provisions. Detailed commercial terms and shareholding for the proposed joint venture are subject to further negotiation and definitive agreements.

Texmaco Rail & Engineering Ltd has announced Friday, September 11, 2026, as the record date to determine shareholders eligible for dividend for the Financial Year 2025-26. This dividend, if declared, will be paid to members registered as of this record date. The decision is contingent upon approval at the company's 28th Annual General Meeting (AGM) scheduled for Friday, September 18, 2026. The company has fixed the record date in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Texmaco Rail & Engineering Ltd has announced Friday, September 11, 2026, as the record date to determine shareholders eligible for dividend for the Financial Year 2025-26. This dividend, if declared, will be paid to members whose names appear in the company's register or depositories' lists as of the record date. The decision is contingent upon approval at the company's 28th Annual General Meeting (AGM) scheduled for Friday, September 18, 2026. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.