Texmaco Rail gains on bagging Rs 351-cr domestic wagon orders
Mumbai, July 2 -- The first order is from JSW (South) Rail Logistics for BFNSM1 rakes along with BVCM wagons, valued at Rs 253.28 crore, to be executed within 13.5 months from the date of commencement.
The second order is from Sushila Transport for ACT1 rakes along with BVCM wagons, valued at Rs 97.88 crore, to be executed on or before October 31, 2027.
Both contracts are domestic in nature and do not involve any related party transactions.
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 reporte...
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