Texmaco Rail & Engineering Limited has announced the receipt of a significant domestic order from M/s Touax Texmaco Railcar Leasing Private Limited, a joint venture of the company. The order highlights continued demand for railway freight infrastructure and strengthens Texmaco’s order book in the wagon manufacturing segment.
Order Details
The contract involves the supply of a rake of BLSS wagons, which includes both BLSS wagons and BVCM wagons. This order is valued at ₹132 crore, excluding applicable taxes.
The execution of the order will take place in multiple tranches, with the entire supply scheduled to be completed by July 2026.
Key Highlights
Customer: Touax Texmaco Railcar Leasing Private Limited (JV entity)
Order Scope: Supply of BLSS and BVCM wagons
Order Value: ₹132 crore (excluding taxes)
Nature: Domestic order
Completion Timeline: By July 2026
Related Party Transaction Disclosure
As Touax Texmaco Railcar Leasing Private Limited is a joint venture in which Texmaco Rail & Engineering Limited is a promoter, the transaction qualifies as a related party transaction. However, the company has clarified that the order has been awarded and executed on an arm’s length basis.
Additionally, Texmaco confirmed that no conflict of interest arises from this transaction, ensuring transparency and compliance with regulatory norms.
Regulatory Compliance
The company informed the National Stock Exchange of India Limited (NSE) and BSE Limited about the order on December 15, 2025, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.