Texmaco Rail & Engineering has been awarded a developmental order valued at ₹0.93 crore by West Central Railway. The order involves the supply of 38 bogie frames for ICF design coaches, marking a significant addition to the company’s project portfolio.
The order, classified as a domestic contract, is expected to be executed within 90 days from the date of the purchase order. This timeframe underscores the company’s capability to deliver projects efficiently and on schedule.
According to the announcement, the order does not involve any interest from the promoter group or related party transactions, ensuring transparency and adherence to regulatory standards.
This development highlights Texmaco Rail‘s ongoing commitment to expanding its footprint in the railway sector by securing pivotal contracts and enhancing its service offerings.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).