Mumbai, May 11 -- The company said the order is scheduled to be executed within 10 months from the date of the purchase order.

Texmaco Rail & Engineering also clarified that neither its promoters nor promoter group entities have any interest in the awarding entity, 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 consolidated net profit to Rs 42.27 crore in Q3 FY26, compared to Rs 76.38 crore posted in Q...