Texmaco Rail & Engineering reports 75% dividend and Rs 200 crore investment plan

Business Desk — Tue, 12 May 2026 14:00:52 +0000

Texmaco Rail & Engineering Limited has announced a series of strategic decisions following its board meeting held on 12th May 2026. The company has approved the audited financial results for the quarter and year ending 31st March 2026, revealing a recommendation for a 75% dividend, equating to ₹0.75 per fully paid-up equity share of ₹1 each for the financial year 2025-26. This dividend proposal is subject to shareholder approval at the upcoming Annual General Meeting (AGM) and is expected to be credited or dispatched within 30 days post-AGM.

In a significant move, Texmaco Rail & Engineering has outlined plans to enter the defence sector through its subsidiary, Texmaco Defence Technologies Ltd. The board has approved an investment of up to ₹200 crore over the next three to five years in this venture. This strategic investment aims to expand the company’s footprint in the defence industry, capitalising on the growing opportunities within this sector.

Additionally, the company has entered into an agreement with Sigma Rail Systems Pvt. Ltd. to collaborate in the field of railway signalling, components systems, safety, and power electronics. This collaboration is expected to enhance Texmaco Rail’s competitiveness in the railway technology sector, providing access to technical know-how and signalling expertise, and supporting diversification into high-growth segments.

The board also approved the re-appointment of M/s. Deloitte Touche Tohmatsu India, LLP, as internal auditors and M/s. DGM & Associates as cost auditors for the financial year 2026-27. These re-appointments are part of Texmaco Rail’s ongoing commitment to maintaining rigorous audit and governance standards.

The board meeting, which commenced at 12:15 p.m. and concluded at 5:45 p.m., also noted the monitoring agency reports for the quarter ended 31st March 2026, issued by CARE Ratings Limited.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

DGM & Associates | Business Upturn

Texmaco Rail & Engineering reports 75% dividend and Rs 200 crore investment plan