Texmaco Rail & Engineering Announces Statutory Auditors' Conversion to LLP Structure

1 min read     Updated on 22 Jan 2026, 06:35 PM
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Radhika SScanX News Team
Overview

Texmaco Rail & Engineering Limited has announced that its statutory auditors M/s. L. B. Jha & Co. have converted from a partnership firm to Limited Liability Partnership effective January 21, 2026. The company clarified that this represents only a constitutional change in the audit firm, with no impact on the existing audit engagement or the auditors' obligations for their remaining tenure.

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Texmaco rail & engineering Limited has notified stock exchanges regarding a structural change in its statutory auditors' constitution under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Conversion Details

The company's statutory auditors, M/s. L. B. Jha & Co., have converted from a Partnership Firm to a Limited Liability Partnership (LLP) structure. The conversion became effective from January 21, 2026, with the new entity operating under the name M/s. L. B. Jha & Co. LLP.

Parameter: Details
Previous Structure: Partnership Firm
New Structure: Limited Liability Partnership (LLP)
Effective Date: January 21, 2026
New Entity Name: M/s. L. B. Jha & Co. LLP

Impact on Audit Engagement

Texmaco Rail & Engineering has clarified that this conversion represents solely a change in the audit firm's constitution. The company emphasized two key points regarding the transition:

  • No change in the existing audit engagement
  • M/s. L. B. Jha & Co. LLP will continue to function and discharge their obligations as statutory auditors for the remaining period of their appointment tenure

Regulatory Compliance

The notification was filed on January 22, 2026, and signed by Sandeep Kumar Sultania, Company Secretary & Compliance Officer. The intimation was sent to both the National Stock Exchange of India Limited and BSE Limited, fulfilling the company's disclosure obligations under SEBI regulations.

This structural change in the auditing firm's constitution maintains continuity in Texmaco Rail & Engineering's audit processes while allowing the auditors to operate under the LLP framework.

Historical Stock Returns for Texmaco Rail & Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-5.29%+1.44%-10.94%-19.53%-34.92%+349.41%
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Texmaco Rail & Engineering Receives ESG Rating of 58 from CFC Finlease

1 min read     Updated on 16 Jan 2026, 05:36 PM
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Reviewed by
Riya DScanX News Team
Overview

Texmaco Rail & Engineering Limited received an ESG rating of 58 from CFC Finlease Private Limited, categorizing the company as 'Average' risk. The voluntary assessment was based on company disclosures and publicly available information, with the rating disclosed to stock exchanges on January 16, 2026, in compliance with SEBI regulations.

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Texmaco Rail & Engineering Limited has received an Environmental, Social and Governance (ESG) rating of 58 from CFC Finlease Private Limited, as disclosed in a regulatory filing on January 16, 2026. The rating places the company in the 'Average' risk category for ESG performance.

ESG Rating Details

The ESG assessment was conducted voluntarily by CFC Finlease Private Limited based on disclosures made by the company along with other publicly available information. ESG ratings evaluate companies across three key dimensions: environmental impact, social responsibility, and governance practices.

Parameter: Details
Rating Agency: CFC Finlease Private Limited
ESG Score: 58
Risk Category: Average
Assessment Date: January 16, 2026

Regulatory Compliance

The company has informed the stock exchanges about this ESG rating update in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made to both the National Stock Exchange of India Limited and BSE Limited as part of the company's ongoing transparency and compliance obligations.

ESG Performance Context

The rating of 58 indicates that Texmaco Rail & Engineering falls within the average range for ESG performance among evaluated companies. ESG ratings have become increasingly important for investors and stakeholders as they provide insights into a company's sustainability practices, social impact, and corporate governance standards beyond traditional financial metrics.

The voluntary nature of this ESG assessment demonstrates the company's commitment to transparency in non-financial reporting. Such ratings help stakeholders evaluate the company's long-term sustainability and risk management practices across environmental, social, and governance dimensions.

Historical Stock Returns for Texmaco Rail & Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-5.29%+1.44%-10.94%-19.53%-34.92%+349.41%
Texmaco Rail & Engineering
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View All News
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1 Year Returns:-34.92%