Adventz Finance Private Limited has declared that it did not create any encumbrance on the shares of Texmaco Rail & Engineering Limited during the financial year ended March 31, 2026. The declaration, made under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, covers the acquirer and persons acting in concert. This disclosure ensures that no undisclosed charges or liens were placed on the target company's shares outside of previous filings.

The communication was addressed to the Audit Committee of Texmaco Rail & Engineering Limited, as well as the National Stock Exchange of India Limited and BSE Limited. It stated that no direct or indirect encumbrance was made on the shares other than those already disclosed to the stock exchanges and the company. The filing serves as a formal compliance update for the financial year.

Vishal Garodia, Company Secretary of Adventz Finance Private Limited, signed the declaration. The company is registered at Hongkong House in Kolkata. The disclosure is part of the regulatory requirements governing substantial acquisitions and takeovers.

Key Disclosure Details

Texmaco Rail & Engineering has secured a Letter of Intent (LoI) worth ₹4.71 crores from Mangalore Coal Terminal Private Limited for electrical equipment work. The order entails the design, supply, erection, testing, and commissioning of 25KV, 50Hz overhead electrical equipment. The project is domestic in nature and must be executed within 12 months from the effective or commencement date.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that neither the promoter group nor group companies hold any interest in the entity awarding the contract. Furthermore, the order does not fall within related party transactions.

Order Details