Texmaco Rail Secures Rs. 219 Crore Order from MRVC
Filing Summary
Texmaco Rail & Engineering Ltd has received an order valued at Rs. 219 crores from Mumbai Railway Vikas Corporation Ltd. The order involves the design, supply, installation, testing, and commissioning of signaling equipment for a proposed line in the Mumbai Suburban area under the MUTP-IIIA project. The project is scheduled for completion within 36 months from the issuance of the Notice to Proceed. This order does not involve any related party transactions, and there is no interest from the promoter group in the awarding entity.
On 16th February 2026, Texmaco Rail & Engineering Ltd announced the receipt of an order from Mumbai Railway Vikas Corporation Ltd (MRVC). The order, valued at Rs. 219 crores, is for the design, supply, installation, testing, and commissioning of signaling equipment and gears. This project is part of the construction of a proposed line in the Mumbai Suburban area under the MUTP-IIIA initiative.
The order specifies that the work must be completed within a period of 36 months from the issuance of the Notice to Proceed. The financial consideration for this order is exclusive of taxes. The order has been awarded by a domestic entity, and it does not involve any related party transactions. Additionally, there is no interest from the promoter or promoter group in the entity awarding the order.
The scope of the project includes comprehensive services related to signaling equipment, which are critical for the construction of the proposed line. The project is part of the Mumbai Urban Transport Project (MUTP) Phase IIIA, which aims to enhance the suburban railway infrastructure in Mumbai.
Mumbai Railway Vikas Corporation Ltd is involved in the development of railway infrastructure in the Mumbai metropolitan region. The corporation focuses on projects that improve the efficiency and capacity of the suburban railway network, which is a vital component of the city’s public transport system.
Texmaco Rail & Engineering Ltd specializes in the manufacturing and supply of railway products and services. The company focuses on expanding its portfolio in the railway sector, including the development of advanced signaling systems and infrastructure projects. Texmaco Rail aims to strengthen its position in the railway engineering industry through strategic projects and collaborations.