Texmaco Rail & Engineering has announced the receipt of a substantial order from Western Railway, marking another milestone in its railway infrastructure business. The contract, valued at ₹3.54 crore, involves the supply of anti-bird discs on insulators, a specialized safety component designed to prevent wildlife-related electrical disruptions in the electrified territory of Vadodara Division.

Order Details and Specifications

The contract awarded by Western Railway focuses on enhancing the safety and reliability of electrical infrastructure through wildlife protection measures in the Vadodara Division. The following table summarizes the key project parameters:

Regulatory Disclosure Details

The company has made the announcement pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure confirms that this is a domestic order with no related party transactions involved. The promoter group has no interest in the entity that awarded the contract.

Project Scope and Timeline

The anti-bird disc project addresses a critical need in railway electrical infrastructure, where wildlife interference can cause significant operational disruptions and safety concerns. These specialized insulators are designed to prevent birds from making contact with electrical equipment, thereby reducing power outages and protecting both wildlife and railway operations.

The 18-month completion timeline from the date of issue of Letter of Acceptance indicates a comprehensive project scope that likely involves manufacturing, testing, and installation phases across the Vadodara Division's electrified network.

Strategic Significance

This order reinforces Texmaco Rail & Engineering's position in the railway infrastructure segment, particularly in specialized safety equipment. The contract demonstrates the company's capability to provide technical solutions that address both operational efficiency and environmental safety concerns in railway operations.

The Western Railway contract adds to the company's order book and showcases its expertise in manufacturing specialized railway components that meet stringent safety and quality standards required by Indian Railways.

Texmaco Rail & Engineering Limited has completed the dispatch of its postal ballot notice to shareholders and published newspaper advertisements confirming the process for seeking approval of a significant fund reallocation from its preferential issue proceeds.

Notice Dispatch and Publication Details

The company has successfully dispatched the postal ballot notice on March 13, 2026, exclusively through email to all eligible shareholders. In compliance with regulatory requirements, newspaper advertisements were published on March 14, 2026, in Financial Express (English) and Aajkaal (Bengali) editions, informing shareholders about the completion of notice dispatch.

Fund Reallocation Proposal

The company seeks to reallocate ₹103.43 crores from the original capital expenditure object to funding working capital requirements. This represents a substantial shift from the company's initial plan to expand manufacturing capacity for Rolling Stock and Rolling Stock components at facilities in Paradip, Odisha, and Kolkata/Howrah, West Bengal.

E-Voting Process and Timeline

The postal ballot will be conducted exclusively through remote e-voting, with KFin Technologies Limited serving as the service provider. The company has appointed Mr. Niraj Agrawal, Practicing Chartered Accountant (ICAI Membership No. 060313), as the scrutinizer to conduct the process in a fair and transparent manner.

Regulatory Compliance and Access

The notice is available on multiple platforms including the company's website at www.texmaco.in , stock exchanges (BSE and NSE), and KFin's portal. Individual shareholders holding shares in demat mode can vote through their demat accounts, while those in physical mode can access KFin's e-voting platform. The company has emphasized updating email addresses and mobile numbers with respective Depository Participants for seamless access.

Preferential Issue Background

The company had originally raised funds through a preferential issue of 77,72,020 convertible warrants at ₹193 per warrant. However, actual funds received were reduced to ₹142.77 crores after Samena Green Limited failed to exercise 3,74,750 warrants, resulting in forfeiture of ₹1.80 crores. CARE Ratings Limited continues as the appointed Monitoring Agency for overseeing the utilization of preferential issue proceeds, with unutilized funds currently held in government securities, money market instruments, and deposits with scheduled commercial banks.