Texmaco Rail & Engineering Limited has informed the stock exchanges that the Hon’ble National Company Law Tribunal (NCLT), Kolkata Bench, has sanctioned the Scheme of Amalgamation of Texmaco West Rail Limited with the company. The approval was granted under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.
The NCLT order approving the amalgamation was passed on August 4, 2025. The scheme covers Texmaco West Rail Limited, referred to as the Transferor Company, and Texmaco Rail & Engineering Limited, along with their respective shareholders. The order has been uploaded to the Tribunal’s website and will also be published on the company’s website.
Texmaco had earlier, on August 4, 2025, communicated to the exchanges that the Tribunal had sanctioned the scheme. The current intimation confirms that the order is now publicly accessible. The certified true copy of the NCLT order is awaited.
As per the approved scheme, the amalgamation will become effective after the completion of the necessary filings by both the amalgamating company and Texmaco Rail & Engineering Limited with the Registrar of Companies (RoC). These filings are required under the Companies Act, 2013, and must be completed before the scheme can take effect.
Read More: Texmaco Rail and Engineering Gets ₹36.27 Crore Order from TCI!
As of 11:58 AM on August 11, 2025, Texmaco Rail & Engineering share price was trading at ₹137.89, a 0.25% decrease.
The NCLT’s approval marks a key procedural step in the amalgamation process. The scheme will take effect once the statutory RoC filings are completed by both companies involved.
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Published on: Aug 11, 2025, 12:58 PM IST
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