Texmaco Rail & Engineering Wins ₹130.22 Crore Order from Kochi Metro Rail for Phase 2 Ballastless Track Work

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:

Parameter:	Details
Awarding Entity:	Kochi Metro Rail Limited
Order Value:	₹130.22 crores (including taxes)
Scope of Work:	Design, Supply, Installation, Testing and Commissioning of Ballastless Track and Connections of Standard gauge in Elevated Section of Phase 2 Corridor
Nature of Order:	Domestic
Execution Timeline:	Within 16 months from the date of issue of Letter of Acceptance
Related Party Transaction:	No
Promoter/Group Interest in Awarding Entity:	No

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.07%	+9.01%	+26.88%	-12.41%	-14.88%	+388.82%

Texmaco Rail & Engineering Limited has received a domestic order valued at ₹57.15 crores (including taxes) from Vedanta Aluminium Metal Limited. The order covers the supply and commissioning of 2 BTAP Rakes and 2 units of BVCM, and was disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The effective date of the contract is 8th May, 2026.

Order Details

The contract has been awarded by a domestic entity, Vedanta Aluminium Metal Limited, and does not constitute a related party transaction. The promoter, promoter group, or group companies of Texmaco Rail & Engineering have no interest in the awarding entity. The following table summarises the key parameters of the order:

Parameter:	Details
Awarding Entity:	Vedanta Aluminium Metal Limited
Nature of Order:	Supply and commissioning of 2 BTAP Rakes and 2 Nos. of BVCM
Order Value:	₹57.15 crores (including taxes)
Domestic / International:	Domestic
Effective Date:	8th May, 2026
Related Party Transaction:	No
Promoter Interest in Awarding Entity:	No

Execution Timeline

The order is structured in two delivery phases, both measured from the effective date of 8th May, 2026. The breakdown of the execution schedule is as follows:

Delivery Milestone:	Scope	Timeline
1st Rake:	53 Wagons and 1 BVCM	Within 6 months from effective date
2nd Rake:	53 Wagons and 1 BVCM	Within 8 months from effective date

The phased delivery schedule ensures that the first rake, comprising 53 wagons and 1 BVCM, is to be completed within 6 months, while the second rake of identical composition is scheduled for commissioning within 8 months from the effective date. The disclosure was made by Sandeep Kumar Sultania, Company Secretary and Compliance Officer of Texmaco Rail & Engineering, in accordance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026.