Texmaco Rail & Engineering Limited (TEXRAIL), a leading player in India’s railway rolling stock manufacturing sector, has received a significant domestic order worth ₹62.21 crores (excluding taxes) from M/s. IVC Logistics Limited. The order involves the supply of rakes of ACT1 Wagons along with BVCM Design-C Wagons (brake vans). This development strengthens Texmaco’s order book amid growing demand for specialized freight wagons in India’s expanding logistics and rail infrastructure landscape.
Order Details
Texmaco Rail announced the order in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI circular dated November 11, 2024. Here are the key highlights:
- Entity Awarding the Order — M/s. IVC Logistics Limited (a domestic entity)
- Nature of Contract — Supply of rakes comprising ACT1 Wagons (specialized automobile carrier wagons) along with BVCM Design-C brake vans
- Order Value — ₹62.21 crores (excluding taxes)
- Execution Timeline — To be completed by August 2026
- Related Party Status — Not a related party transaction; no promoter, promoter group, or group company interest in the awarding entity
The order is purely domestic and aligns with Texmaco’s expertise in customized wagon designs for efficient freight movement.
