Texmaco Rail Secures Rs. 64 Crore Order from APL Logistics
Filing Summary
Texmaco Rail & Engineering Ltd has received an order valued at Rs. 64.06 crores from M/s. APL Logistics Vascor Automotive Pvt Ltd. The order involves the supply of rakes of ACT1 Wagons and brake vans type BVCM. This domestic contract is scheduled for completion by September 2026. There is no involvement of related party transactions, and the promoter group has no interest in the awarding entity. The order is part of Texmaco Rail’s ongoing business operations.
Texmaco Rail & Engineering Ltd has announced the receipt of an order from M/s. APL Logistics Vascor Automotive Pvt Ltd. The order, valued at Rs. 64.06 crores, is for the supply of rakes of ACT1 Wagons along with brake vans type BVCM. This order is classified as a domestic contract and is expected to be executed by September 2026.
The order does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the contract. The transaction is conducted at arm’s length, ensuring compliance with regulatory requirements.
APL Logistics Vascor Automotive Pvt Ltd is involved in logistics services, focusing on providing efficient and reliable transportation solutions. The company collaborates with various partners to enhance its service offerings and expand its market reach.
Texmaco Rail & Engineering Ltd specializes in manufacturing and supplying railway products, including wagons and brake vans. The company is committed to expanding its product portfolio and strengthening its position in the railway sector through strategic contracts and partnerships.