Duke Commerce Limited has filed a regulatory declaration confirming no encumbrance on shares of Texmaco Rail & Engineering Limited for the financial year ended March 31, 2026. The declaration was submitted to stock exchanges and the target company on April 2, 2026, in compliance with Securities and Exchange Board of India regulations.

Regulatory Compliance Declaration

The declaration was made pursuant to Regulation 31(4) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Duke Commerce Limited, along with persons acting in concert, confirmed they have not created any encumbrance, directly or indirectly, on shares of Texmaco Rail & Engineering Limited during FY26.

Company Details and Authorization

Duke Commerce Limited, incorporated under CIN L51909WB1982PLC035425, has its registered office at Hongkong House, 1st Floor, 31 B.B.D Bagh (South), Kolkata-700001. The declaration was signed by Company Secretary Manisha Chandalia, holding membership number A36375.

Disclosure Framework

The declaration specifically states that no encumbrance was created beyond those already disclosed to stock exchanges and the company. This regulatory filing ensures transparency in shareholding patterns and compliance with substantial acquisition norms. The communication was addressed to the Audit Committee of Texmaco Rail & Engineering Limited, National Stock Exchange of India Limited, and BSE Limited.

Documentation and Records

The formal declaration serves as an official record for regulatory authorities and stakeholders, maintaining compliance with SEBI's substantial acquisition and takeover regulations. Duke Commerce Limited emphasized that this disclosure is for information and record purposes of all concerned parties.

Texmaco rail & engineering Limited has announced the receipt of a substantial order worth Rs. 3.06 crores from Modern Coach Factory, Raebareli. The order, disclosed under Regulation 30 of SEBI regulations on 18th April, 2026, involves the supply of Bogie Frame Assembly for Non-AC Air Spring type LHB Fiat Bogie.

Order Details and Specifications

The contract awarded by Modern Coach Factory represents a domestic order in the railway equipment manufacturing sector. The company will supply specialized bogie frame assemblies designed for Non-AC Air Spring type LHB Fiat Bogie systems, which are critical components in modern railway coach construction.

Regulatory Compliance and Transparency

The disclosure was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the relevant SEBI circular dated 30th January, 2026. The company has confirmed that this order does not involve any related party transactions and is conducted at arm's length.

Key Transaction Characteristics

The order represents a straightforward commercial transaction with no promoter group interests involved. Modern Coach Factory, Raebareli, being a domestic entity, ensures that this contract contributes to the company's domestic revenue stream. The 301-day execution timeline provides a clear delivery framework for the specialized railway components.

This order reinforces Texmaco Rail & Engineering Limited's position in the railway equipment manufacturing sector, particularly in the supply of critical bogie components for modern coach systems. The contract with Modern Coach Factory, Raebareli adds to the company's order book and demonstrates continued demand for its specialized railway engineering products.