Mumbai, April 2 -- According to an exchange filing, the order comprises Auto Car Taller Wagon (ACT 1) and Brake Van (BVCM) units built to the latest RDSO drawings.

Delivery of the rakes is scheduled to be completed by 31 December 2026. The company confirmed that neither its promoters nor promoter group entities have any interest in the awarding company, and the contract does not qualify as a related-party transaction.

Texmaco Rail & Engineering (TEXMACO) is a listed company and part of the Adventz Group. Texmaco is a key player in the railway and infrastructure sector. It operates across three business segments: Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure - Electrical.

The company reported a 44.65% decline in c...