Texmaco Rail & Engineering Limited has announced the receipt of a new order worth Rs. 0.39 crores from South Eastern Railway. The order involves the supply of Bogie Frame Assembly for Non-AC Air Spring Type LHB FIAT Bogie, marking another addition to the company's railway equipment portfolio.

Order Details and Specifications

The contract awarded by South Eastern Railway encompasses specific technical requirements for railway bogie systems. The order focuses on the supply of Bogie Frame Assembly designed for Non-AC Air Spring Type LHB FIAT Bogie applications.

Regulatory Compliance and Disclosure

Texmaco Rail & Engineering Limited disclosed this order information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in compliance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.

Transaction Characteristics

The order represents a straightforward business transaction with specific operational parameters:

• The contract is classified as a domestic order
• No promoter group or group companies have any interest in the awarding entity
• The transaction does not fall within related party transactions
• The order is executed on an arm's length basis

Execution Timeline

The company is required to complete the supply of Bogie Frame Assembly by September 13, 2026. This timeline provides approximately five months for manufacturing and delivery of the railway equipment components. The order value of Rs. 0.39 crores excludes applicable taxes, representing the base contract value for the specified railway components.

Texmaco Rail & Engineering Limited has successfully concluded its postal ballot process, with shareholders approving a special resolution for variation in objects relating to utilization of funds from preferential issue. The voting process concluded on April 13, 2026, with the scrutinizer's report confirming the resolution's passage with requisite majority.

Voting Results Overview

The postal ballot witnessed significant shareholder participation, with detailed voting statistics demonstrating strong support for the proposed resolution:

Category-wise Voting Breakdown

The voting results showed unanimous support from the promoter group and strong backing from institutional and retail investors:

E-Voting Process Details

The company conducted the postal ballot exclusively through remote e-voting, facilitated by KFin Technologies Limited. The voting commenced at 9:00 AM on March 15, 2026, and concluded at 5:00 PM on April 13, 2026. Shareholders whose names appeared in the register of members as on the record date of March 06, 2026, were eligible to participate in the voting process.

Scrutinizer's Findings

CA Niraj Agrawal of H.K. Agrawal & Co., serving as the appointed scrutinizer, confirmed the resolution's passage with requisite majority. The scrutinizer's report highlighted that:

• The voting process was conducted in a fair and transparent manner
• All votes were properly reconciled with the register of members
• One member holding 350 shares exercised voting rights for only 200 shares, with the remaining classified as 'less voted'
• A total of 5,518 abstained votes were not considered as votes cast
• No invalid votes were recorded during the process

Resolution Details

The approved special resolution pertains to "Variation in the Objects relating to utilization of funds from Preferential Issue." The company had issued a postal ballot notice dated February 09, 2026, seeking shareholder approval for this modification. The resolution enables the company to reallocate funds raised through preferential issue for different objects than originally specified.

Compliance and Documentation

Texmaco Rail & Engineering ensured full compliance with regulatory requirements under the Companies Act, 2013, and SEBI Listing Regulations. The company published newspaper advertisements in Financial Express and Aajkal on March 07 and March 14, 2026, to inform shareholders about the postal ballot process and facilitate participation from members who had not registered their email addresses.