Texmaco Rail Secures Rs. 62 Crore Order from IVC Logistics
Filing Summary
Texmaco Rail & Engineering Ltd has received an order valued at Rs. 62.21 crores from M/s. IVC Logistics Limited. The order involves the supply of rakes of ACT1 Wagons along with BVCM Design-C Wagon. This domestic order is scheduled for completion by August 2026. There is no involvement of related party transactions in this contract. Texmaco Rail continues to focus on expanding its rail engineering capabilities through strategic contracts and partnerships.
Texmaco Rail & Engineering Ltd has announced the receipt of an order from M/s. IVC Logistics Limited valued at Rs. 62.21 crores. The order pertains to the supply of rakes of ACT1 Wagons along with BVCM Design-C Wagon. This disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The order is domestic in nature and is expected to be completed by August 2026. The contract does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the order.
IVC Logistics Limited is a company engaged in providing logistics solutions. The company focuses on enhancing its logistics capabilities through strategic partnerships and contracts.
Texmaco Rail & Engineering Ltd specializes in the manufacturing and supply of railway wagons and other rail engineering products. The company aims to strengthen its position in the rail engineering sector by securing significant contracts and expanding its product offerings.