The contract is scheduled to be executed within 12 months from the effective/commencement date. The order has been awarded by a domestic entity and does not involve any related party transaction. The company's promoter, promoter group and group companies have no interest in the awarding entity.
Texmaco Rail & Engineering (TEXMACO) is a listed company and part of the Adventz Group. Texmaco is a key player in the railway and infrastructure sector. It operates across three business segments: Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure ' Electrical. The company reported a 45.03% year-on-year increase in consolidated net profit to Rs 57.68 crore in Q4 FY26, compared with Rs 39.77 crore in the corresponding quarter last year.
Shares of Texmaco Rail & Engineering rose 0.18% to close at Rs 110.10 on the BSE.
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