Texmaco Rail & Engineering Ltd. (Texrail) has strengthened its domestic order book with the receipt of two major railway equipment contracts, both disclosed on January 9, 2026, in line with SEBI Regulation 30 requirements. Together, these orders are valued at over ₹126 crore, highlighting steady demand for freight wagon manufacturing in India.
Order from APL Logistics Vascor Automotive
The first contract has been awarded by APL Logistics Vascor Automotive Pvt. Ltd. and carries a value of ₹64.06 crore, excluding taxes.
Under this order, Texrail will manufacture and supply rakes of ACT1 wagons along with BVCM-type brake vans. The project is scheduled for completion by September 2026, providing clear execution visibility over the next financial year.
Order from IVC Logistics Limited
The second order comes from IVC Logistics Limited and is valued at ₹62.21 crore, excluding taxes.
Similar to the first contract, this order involves the supply of ACT1 wagon rakes, but with a specific requirement for BVCM Design-C wagons. Execution for this project is planned to be completed by August 2026, slightly ahead of the APL Logistics order.
Strong Governance and Clean Disclosures
Texrail has confirmed that both contracts meet high standards of corporate governance and transparency. The company has clearly stated that neither the promoter nor the promoter group has any interest in the awarding entities. Additionally, both orders are independent domestic transactions and do not fall under related party dealings.