Texmaco Rail & Engineering Ltd has secured an order worth ₹6.28 crores from Western Railway for the provision of safety equipment including nylon nets, anti-climbing devices, and anti-bird discs. The contract was awarded by a domestic entity and is valued at ₹6.28 crores including taxes. The project must be executed within 12 months from the date of the Letter of Acceptance issued by Western Railway.

The order falls under the category of domestic contracts and does not involve any interest from the promoter, promoter group, or group companies in the entity awarding the contract. Furthermore, the company confirmed that this transaction does not qualify as a related party transaction.

The disclosure was made to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The specific reference cited includes SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Order Details

Aashti Agarwala has confirmed that she, along with persons acting in concert, has not created any encumbrance on the shares of Texmaco Rail & Engineering Limited during the financial year ended March 31, 2026. This declaration, submitted on April 2, 2026, clarifies that no direct or indirect charges were placed on the shares other than those already reported to the stock exchanges and the company. Anisha Berlia, Shradha Agarwala, Jyotsna Poddar, Akshay Poddar, and Puja Poddar also submitted similar declarations on the same date confirming the absence of encumbrances on their holdings for the same period. These disclosures provide transparency regarding the holding status of the acquirers for the specified financial year.

The declarations were addressed to the Audit Committee of Texmaco Rail & Engineering Limited, the National Stock Exchange Limited, and BSE Limited. They were made in pursuance of Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filings ensure regulatory compliance regarding the disclosure of shareholding details and any encumbrances thereon.

The letters explicitly state that the declarations were submitted by Devendra Khemka and V Venugopalan as Authorised Signatories. The confirmation of no additional encumbrances is material for shareholders as it indicates the absence of new leverage or pledges against the shares held by the acquirers during the financial year.