Texmaco Rail & Engineering has secured a major international rail opportunity in South Africa, receiving a Letter of Award (LOA) from Tsiko Africa Logistics (Pty) Ltd. together with Barberry Holdings (Pty) Ltd. — a South African Train Operating Company (TOC). The total estimated value of the contract is USD 43,05,72,749 (equivalent to INR 4045 crores), marking one of the largest export deals secured by the Company. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on May 12, 2026.

Contract Overview

The award covers the supply of more than 2,235 freight wagons across multiple variants along with 30 diesel locomotives. The engagement also includes a proposed long-term 15-year maintenance partnership, creating a significant lifecycle business opportunity for the Company in the region. The project is aligned with South Africa's ongoing rail sector reforms and the emerging Open Access freight rail framework, which is expected to drive substantial investments in freight mobility, rolling stock modernization, mining logistics, and railway infrastructure.

The key details of the Letter of Award are summarised below:

Strategic Impact

This marks one of the largest international rolling stock opportunities secured by the Company and represents a significant milestone in Texmaco Rail & Engineering's global expansion journey. The opportunity is expected to strengthen the Company's presence across the African rail ecosystem while opening future avenues in wagon supply, locomotive modernization, refurbishment, maintenance services, and rail infrastructure projects across the region. The Company also sees long-term potential for phased localization and strategic partnerships in Southern Africa.

Commenting on the development, Mr. Sudipta Mukherjee, Managing Director, said, "South Africa represents a strategically important freight rail market with strong long-term potential. This opportunity is an important milestone in TEXMACO's international journey and reflects the growing global acceptance of Indian rail engineering, manufacturing capability, and integrated mobility solutions."

The Company stated that the opportunity will be pursued with a balanced and prudent approach, keeping in view evolving geo-political conditions, supply chain dynamics, commodity volatility, currency movements, and broader global economic developments associated with long-duration international projects.

About Texmaco Rail & Engineering

Texmaco Rail & Engineering Limited, part of the Adventz Group, is a listed company and a key player in the railway and infrastructure sector. Headquartered in Kolkata, the Company operates seven manufacturing facilities across India and specialises in rolling stock, hydro-mechanical equipment, and rail infrastructure solutions. The Company serves Indian Railways, leading industrial clients, and export markets, playing a pivotal role in advancing India's railway modernisation and industrial growth agenda.

Disclosure Compliance

The disclosure has been made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Sandeep Kumar Sultania, Company Secretary and Compliance Officer of Texmaco Rail & Engineering.

Texmaco Rail & Engineering Limited has secured a significant infrastructure contract from Kochi Metro Rail Limited, valued at ₹130.22 crores (including taxes). The order, disclosed on 8th May 2026 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, pertains to work on the Phase 2 Corridor of the Kochi Metro Rail Project.

Order Details

The contract covers the Design, Supply, Installation, Testing and Commissioning of Ballastless Track and Connections of Standard gauge in the Elevated Section of Phase 2 Corridor of the Kochi Metro Rail Project. The following table summarises the key parameters of the awarded order:

Compliance and Disclosure

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026. The company confirmed that the order does not constitute a related party transaction, and that neither the promoter, promoter group, nor any group companies hold any interest in Kochi Metro Rail Limited. The disclosure was signed by Sandeep Kumar Sultania, Company Secretary and Compliance Officer of Texmaco Rail & Engineering Limited.