Texmaco acquirers confirm no encumbrance on shares in FY26

1 min read Updated on 23 Jun 2026, 03:27 AM

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Suketu GScanX News Team

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Aashti Agarwala and other acquirers declared no encumbrance on shares for FY26.

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Aashti Agarwala has confirmed that she, along with persons acting in concert, has not created any encumbrance on the shares of Texmaco Rail & Engineering Limited during the financial year ended March 31, 2026. This declaration, submitted on April 2, 2026, clarifies that no direct or indirect charges were placed on the shares other than those already reported to the stock exchanges and the company. Anisha Berlia, Shradha Agarwala, Jyotsna Poddar, Akshay Poddar, and Puja Poddar also submitted similar declarations on the same date confirming the absence of encumbrances on their holdings for the same period. These disclosures provide transparency regarding the holding status of the acquirers for the specified financial year.

The declarations were addressed to the Audit Committee of Texmaco Rail & Engineering Limited, the National Stock Exchange Limited, and BSE Limited. They were made in pursuance of Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filings ensure regulatory compliance regarding the disclosure of shareholding details and any encumbrances thereon.

Entity	Role	Disclosure Period
Anisha Berlia	Acquirer	FY ended March 31, 2026
Shradha Agarwala	Acquirer	FY ended March 31, 2026
Jyotsna Poddar	Acquirer	FY ended March 31, 2026
Akshay Poddar	Acquirer	FY ended March 31, 2026
Puja Poddar	Acquirer	FY ended March 31, 2026
Aashti Agarwala	Acquirer	FY ended March 31, 2026
Texmaco Rail & Engineering Limited	Target Company	FY ended March 31, 2026

The letters explicitly state that the declarations were submitted by Devendra Khemka and V Venugopalan as Authorised Signatories. The confirmation of no additional encumbrances is material for shareholders as it indicates the absence of new leverage or pledges against the shares held by the acquirers during the financial year.

Historical Stock Returns for Texmaco Rail & Engineering

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.83%	-4.96%	+8.04%	-7.65%	-27.99%	+228.69%

How will the confirmation of zero encumbrances impact investor confidence in the acquirers' long-term commitment to Texmaco Rail?

Could this clean holding status signal potential plans for further acquisition or consolidation by the acquirers in the near future?

How might this disclosure influence Texmaco Rail's stock valuation relative to peers in the railway engineering sector?

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Texmaco Rail wins Rs 11.65 crore order from Odisha Power Transmission

1 min read Updated on 22 Jun 2026, 05:03 PM

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Riya DScanX News Team

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Texmaco Rail & Engineering Ltd has secured two orders worth Rs 11.65 crores from Odisha Power Transmission Corporation Limited for turnkey engineering works involving the construction of a 2nd Circuit SC line on a DC tower. The domestic orders are to be executed within 12 months from the date of the Letter(s) of Award, as disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Texmaco Rail & Engineering Ltd has secured two orders worth Rs 11.65 crores from Odisha Power Transmission Corporation Limited for engineering, supply, installation, testing, and commissioning works. The project involves the construction of a 2nd Circuit SC line on a DC tower on a turnkey contract basis. The orders were awarded by a domestic entity, and the execution is scheduled to be completed within 12 months from the date of the Letter(s) of Award.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The total value of the orders is Rs 11.65 crores, including taxes. The company confirmed that the promoter, promoter group, or group companies do not have any interest in the entity that awarded the orders. Furthermore, the orders do not fall within related party transactions.

The following table outlines the key details of the order:

Sl. No	Particulars	Details
1.	Name of the entity awarding the order(s)/contract(s)	Odisha Power Transmission Corporation Limited
2.	Significant terms and conditions of order(s)/contract(s) awarded in brief	Engineering, Supply Installation, Testing and Commissioning works for Construction of 2nd Circuit SC line on DC tower on Turnkey Contract basis
3.	Whether order(s) / contract(s) have been awarded by domestic/ international entity	Domestic
4.	Nature of order(s) / contract(s)	Engineering, Supply Installation, Testing and Commissioning works for Construction of 2nd Circuit SC line on DC tower on Turnkey Contract basis.
5.	Whether domestic or international	Domestic
6.	Time period by which the order(s) / contract(s) is to be executed	Within 12 months from the date of Letter(s) of Award.
7.	Broad consideration or size of the order(s)/contract(s)	11.65 crores (including taxes)
8.	Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/ contract(s)?	No
9.	Whether the order(s)/contract(s) would fall within related party transactions?	No