Texmaco Rail & Engineering has been awarded a contract valued at ₹28.58 crore by Vedanta Aluminium Metal Limited for the supply of specialised railway wagons. The contract involves the delivery of one rake BTAP alumina transportation wagon and one brake van, also known as a guard vehicle.
The order, classified as domestic, is expected to be executed within six months from the date of the Notice to Proceed (NTP). This contract does not involve any related party transactions, and there is no interest from the promoter group in the awarding entity.
The award of this contract underscores Texmaco Rail‘s capabilities in providing specialised rail solutions and its ongoing relationship with major industrial clients like Vedanta Aluminium.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).