Texmaco Rail & Engineering has announced the receipt of a significant order valued at ₹23.57 crores from Hindalco Industries Limited. The contract involves the supply of one BTAP rake and one break van, marking a notable addition to Texmaco Rail‘s order book.
According to the details provided, the order is domestic and is expected to be executed within five months from the date of the purchase order. This contract does not involve any related party transactions, and there is no interest from the promoter group or group companies in Hindalco Industries.
The order is in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates disclosure of such significant contracts.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).