Texmaco Rail & Engineering Limited (NSE: TEXRAIL, Scrip Code: 533326, ISIN: INE621L01012) has announced a fresh domestic order valued at ₹57.15 crore (including taxes).
According to the regulatory filing submitted to SEBI on May 8, 2026, the company secured the contract earlier that same day at 11:42 AM. The project will be executed as part of Texmaco’s ordinary course of business.
Key Deal Overview
Awarding Entity: Vedanta Aluminium Metal Limited (CIN: U24202MH2023PLC411663)
Contract Value: ₹57.15 crore (inclusive of taxes)
Nature of Contract: Supply and commissioning of rolling stock components
Effective Date: May 8, 2026
Technical Scope and Delivery Timeline
The core of the contract involves the supply and commissioning of two BTAP rakes and two BVCM units. BTAP rakes are specialized bogie tank wagons designed specifically for transporting dry bulk commodities like alumina, while BVCM units serve as brake vans.
The execution is split into two distinct, time-bound phases starting from the project’s effective date:
Phase 1 (Within 6 Months): Delivery of the 1st Rake, consisting of 53 wagons and 1 BVCM.
Phase 2 (Within 8 Months): Delivery of the 2nd Rake, consisting of another 53 wagons and 1 BVCM.
Corporate Governance and Compliance
Texmaco has provided clean governance disclosures regarding the counterparty to ensure regulatory transparency:
No Related Party Transactions: The contract does not fall under the purview of related party transactions as defined by Indian corporate regulations.
No Promoter Interest: The company’s promoters, promoter group, or group companies hold no operational or financial stake in Vedanta Aluminium Metal Limited.
Independent Entity: The counterparty is an unlisted domestic Indian entity and does not belong to the group companies of any Indian listed entity.