Texmaco West Rail Merges with Texmaco Rail & Engineering, Effective September 11
Texmaco Rail & Engineering Limited (TREL) has finalized the amalgamation of Texmaco West Rail Limited (TWRL), effective September 11. The merger, sanctioned by the NCLT Kolkata Bench on August 4, followed regulatory approvals and filings. TWRL filed with the Registrar of Companies on September 9, while TREL completed its filing on September 11. The company has informed the National Stock Exchange and BSE about the completion of the process.

*this image is generated using AI for illustrative purposes only.
Texmaco Rail & Engineering Limited (TREL) has successfully completed the amalgamation of Texmaco West Rail Limited (TWRL), marking a significant corporate restructuring in the rail engineering sector. The merger became effective on September 11, following a series of regulatory approvals and filings.
Key Details of the Amalgamation
- Effective Date: September 11
- Transferor Company: Texmaco West Rail Limited
- Transferee Company: Texmaco Rail & Engineering Limited
- Legal Framework: Sections 230 to 232 of the Companies Act, 2013
Regulatory Approvals and Process
The amalgamation process involved several key steps:
NCLT Sanction: The National Company Law Tribunal (NCLT), Kolkata Bench, sanctioned the Scheme of Amalgamation on August 4.
Regulatory Filings:
- Texmaco West Rail Limited filed the certified copy of the tribunal order with the Registrar of Companies on September 9.
- Texmaco Rail & Engineering Limited completed its filing on September 11.
Stock Exchange Intimation: TREL informed the National Stock Exchange of India Ltd. and BSE Limited about the completion of the amalgamation process.
Impact and Implications
The merger is expected to streamline operations and potentially enhance the competitive position of Texmaco Rail & Engineering Limited in the rail engineering sector. Shareholders and stakeholders of both companies should take note of this significant corporate action.
Market Information
NSE Symbol | BSE Scrip Code |
---|---|
TEXRAIL | 533326 |
Investors and market participants are advised to consider the implications of this amalgamation on their investment decisions. As the merger has just been completed, it will be important to monitor future announcements from Texmaco Rail & Engineering Limited regarding the integration process and any potential changes in business operations or structure.
The company's management has not provided specific details on the strategic rationale or expected synergies from this amalgamation in the current announcement. Stakeholders may want to look out for further communications from the company regarding the potential benefits and future plans resulting from this corporate restructuring.
Historical Stock Returns for Texmaco Rail & Engineering
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+3.38% | +6.00% | +4.51% | +13.61% | -35.40% | +488.07% |