The order has been awarded by a domestic entity and is scheduled to be executed within 180 days from the date of issuance of the letter of award.

The company said the order value stands at Rs 70.72 crore, including taxes. It further clarified that neither its promoter, promoter group, nor group companies have any interest in the entity awarding the order.

The company also stated that the contract does not fall under the category of related-party transactions.

Texmaco Rail & Engineering (TEXMACO) is a listed company and part of the Adventz Group. Texmaco is a key player in the railway and infrastructure sectors. It operates across three business segments: Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure – Electrical. The company reported a 45.03% year-on-year increase in consolidated net profit to Rs 57.68 crore in Q4 FY26, compared with Rs 39.77 crore in the corresponding quarter last year.

The scrip declined 1.32% to Rs 119.45 on the BSE.