Texmaco Rail & Engineering has been awarded a significant order worth ₹3.06 crore by the Modern Coach Factory, Raebareli. The order involves the supply of Bogie Frame Assembly for Non-AC Air Spring type LHB Fiat Bogies.
The order is to be executed within 301 days from the issuance date, ensuring timely delivery and adherence to the contract terms. This domestic contract highlights Texmaco Rail‘s continued engagement with key players in the Indian railway sector.
The contract terms specify that the order does not involve any related party transactions, and neither the promoter group nor group companies have any interest in the Modern Coach Factory. This ensures transparency and compliance with regulatory requirements.
Texmaco Rail’s ability to secure such orders underscores its expertise and reputation in the railway engineering sector, contributing to its growth and market presence.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).