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Texmaco Rail and Engineering Gets NCLT Kolkata Approval for Amalgamation of Texmaco West Rail

Written by: Team Angel OneUpdated on: 11 Aug 2025, 6:51 pm IST
NCLT Kolkata has approved the merger of Texmaco West Rail with Texmaco Rail & Engineering; the scheme will take effect after the required RoC filings.
Texmaco Rail and Engineering Gets NCLT Kolkata Approval for Amalgamation of Texmaco West Rail
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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.

Tribunal Order and Date

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.

Earlier Communication

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.

Implementation Requirements

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!

Texmaco Rail & Engineering Share Price

As of 11:58 AM on August 11, 2025, Texmaco Rail & Engineering share price was trading at ₹137.89, a 0.25% decrease.

Conclusion

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.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 11, 2025, 12:58 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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