Texmaco Rail & Engineering Limited has announced a significant development in its corporate restructuring efforts. The company has received the certified copy of the order from the National Company Law Tribunal (NCLT), Kolkata Bench, sanctioning the Scheme of Amalgamation with Texmaco West Rail Limited.

Key Details of the Amalgamation

• The NCLT, Kolkata Bench, sanctioned the amalgamation scheme on August 4, 2025.
• The scheme falls under Sections 230 to 232 of the Companies Act, 2013.
• Texmaco Rail & Engineering Limited is the transferee company, while Texmaco West Rail Limited is the transferor company.

Transparency and Compliance

In compliance with regulatory requirements, Texmaco Rail has taken the following steps:

• The certified copy of the NCLT order has been made available on the company's website for public access.
• The company has informed the stock exchanges about the receipt of the certified order.

Next Steps

Texmaco Rail & Engineering Limited has stated that it will notify the stock exchanges when the amalgamation scheme becomes effective.

Impact on Shareholders

While the immediate impact on shareholders is not specified, amalgamations typically aim to create synergies and improve operational efficiency. Investors and stakeholders of both Texmaco Rail & Engineering Limited and Texmaco West Rail Limited should monitor future announcements regarding the effective date of the scheme and any subsequent changes to the company structure.

This amalgamation marks a significant corporate action that could shape the future of the combined entity in the rail engineering sector.

Texmaco Rail & Engineering Limited , a prominent player in the rail and engineering sector, has reported robust financial performance for the third quarter. The company's strong results reflect significant growth across key financial metrics and operational achievements.

Financial Highlights

Texmaco Rail demonstrated impressive growth in its quarterly performance:

The company's revenue from operations surged to ₹1,326.00 crore, marking a substantial 47.90% increase compared to the same quarter in the previous year. This growth was accompanied by a strong EBITDA performance, which reached ₹139.00 crore, representing a 51.70% year-on-year increase. The EBITDA margin stood at a healthy 10.50%.

Profitability also saw improvement, with the profit after tax (PAT) growing to ₹76.00 crore, translating to a PAT margin of 5.80%.

Operational Performance

Texmaco Rail's operational achievements were equally noteworthy:

• The company delivered 2,714 freight cars during the quarter, showcasing a significant 54.60% increase from 1,756 cars in the corresponding period of the previous year.
• For the nine-month period, Texmaco reported a revenue growth of 59.40%, reaching ₹3,760.00 crore, with an EBITDA of ₹411.00 crore.
• As of December 31, the company maintained a robust order book of ₹7,612.00 crore, indicating a strong pipeline of future projects.

Strategic Developments

Texmaco Rail has announced several strategic initiatives to strengthen its business structure:

1. The company has approved the merger of Texmaco West Rail Limited, which is expected to be completed within six months.
2. Plans are in place to transfer the Infra-Rail and Green Energy business to a subsidiary within the next 12-15 months, potentially streamlining operations and focusing on core competencies.

Credit Rating Upgrade

In a testament to its improved financial performance and outlook, CARE Ratings has upgraded Texmaco Rail's credit ratings:

• Long-term bank facilities: Upgraded to CARE A (RWD)
• Short-term facilities: Upgraded to CARE A1 (RWD)

These upgrades reflect the company's strengthened financial position and may potentially lead to improved borrowing terms in the future.

Texmaco Rail & Engineering's strong quarterly performance, coupled with its strategic initiatives and improved credit ratings, positions the company well for continued growth in the rail and engineering sector. The substantial order book provides visibility for future revenue streams, while the planned restructuring may enhance operational efficiency in the coming years.