Texmaco Rail & Engineering has secured a significant order from Southern Railway valued at Rs 187.28 crore. The contract involves the provision of interlocking arrangements at 183 non-interlocked gates, enhancing safety and operational efficiency.
The order, classified as domestic, is set to be executed within 18 months from the date of the Letter of Acceptance. This development is a substantial addition to Texmaco Rail‘s order book, reflecting the company’s growing presence in the rail infrastructure sector.
Southern Railway, a key entity in the Indian Railways network, awarded the contract, highlighting Texmaco Rail’s capabilities in delivering critical railway infrastructure projects. The contract does not involve any related party transactions, and there is no interest from the promoter or promoter group in the awarding entity.
This order underscores Texmaco Rail’s commitment to advancing railway safety and infrastructure through innovative solutions and timely project execution.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).