Texmaco Rail & Engineering CFO Kishor Kumar Rajgaria Steps Down

1 min read     Updated on 15 Jul 2026, 12:37 AM
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Texmaco Rail & Engineering Ltd has accepted the resignation of CFO Kishor Kumar Rajgaria, citing personal reasons, with no other material factors influencing his departure. The resignation was submitted under SEBI (LODR) Regulations, 2015, and the effective date of cessation will be communicated to stock exchanges upon finalization.

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Texmaco Rail & Engineering Ltd has accepted the resignation of its Chief Financial Officer, Kishor Kumar Rajgaria, effective immediately due to personal reasons. The company disclosed that Rajgaria requested to be relieved at the earliest, and his cessation of duties will occur in accordance with the organization's HR policy. The exact effective date of his departure will be communicated to the exchanges separately upon finalization.

The resignation was submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In his resignation letter, Rajgaria confirmed that his decision was solely based on personal reasons and affirmed there were no other material factors influencing his departure. He expressed gratitude for the trust and support extended to him during his tenure.

Texmaco Rail & Engineering stated that further details would be intimated to the stock exchanges as they are finalized. The company provided the requisite details in an annexure, confirming the nature of the change as a resignation, with the specific date of cessation to be informed in due course.

Key Details of the Leadership Change

The following table summarizes the key particulars disclosed by the company regarding the CFO's departure:

Particulars Details
Reason for Change Resignation
Date of Cessation To be informed in due course upon finalisation
Brief Profile Not Applicable
Disclosure of Relationships Not Applicable

Historical Stock Returns for Texmaco Rail & Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-0.58%-2.56%+0.69%-4.71%-29.15%+249.31%

Who will be appointed as the interim CFO, and what is the timeline for finding a permanent replacement?

How might the sudden departure of the CFO impact Texmaco Rail's ongoing financial reporting and upcoming quarterly results?

Will the leadership change influence the company's strategic initiatives or financial planning in the near term?

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Texmaco Rail wins Rs 70.72 crore order from Central Warehousing Corporation

0 min read     Updated on 08 Jul 2026, 07:48 AM
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Texmaco Rail & Engineering Ltd has secured a domestic order worth ₹70.72 crores from Central Warehousing Corporation for the manufacture and supply of BLSS rakes along with Brake Van. The order is to be executed within 180 days from the date of the Letter of Award. The company confirmed there are no related party interests in the transaction.

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Texmaco Rail & Engineering Ltd has secured a new order worth ₹70.72 crores from Central Warehousing Corporation for the manufacture and supply of BLSS rakes along with Brake Van. The contract is domestic in nature and must be executed within 180 days from the date of issue of the Letter of Award. This disclosure was made pursuant to 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 order, and the transaction does not fall within related party transactions. The order value of ₹70.72 crores is inclusive of taxes.

Order Details

The following table summarises the key parameters of the order secured by Texmaco Rail & Engineering:

Particulars Details
Client Central Warehousing Corporation
Nature Manufacture and Supply of BLSS rakes along with Brake Van
Value ₹70.72 crores
Timeline Within 180 days from the date of issue of Letter of Award
Type Domestic

The filing was signed by Sandeep Kumar Sultania, Company Secretary & Compliance Officer, on July 7, 2026.

Historical Stock Returns for Texmaco Rail & Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-0.58%-2.56%+0.69%-4.71%-29.15%+249.31%

How will the tight 180-day execution timeline impact Texmaco's operational margins and production scheduling?

Does this order signal a broader trend of increased capital expenditure by Central Warehousing Corporation in the near future?

What is the potential for follow-on orders from the same client given the specific nature of the BLSS rakes requirement?

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1 Year Returns:-29.15%