The scope of work includes maintenance of OHE and PSI infrastructure, which are critical for railway electrification and operations.

The company clarified that neither the promoter nor promoter group entities have any interest in the awarding authority.

Additionally, the contract does not fall under 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 sector. It operates across three business segments: Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure – Electrical.

The company reported a 44.65% decline in consolidated net profit to Rs 42.27 crore in Q3 FY26, compared to Rs 76.38 crore posted in Q3 FY25. Revenue from operations fell 21.45% year-on-year (YoY) to Rs 1,041.59 crore in the quarter ended 31 December 2025.

The counter advanced 2.32% to end at Rs 106.19 on the BSE.