Texmaco Rail & Engineering Share Price in Focus; Secures ₹23.57 Crore Order from Hindalco

Written by: Team Angel OneUpdated on: 13 Apr 2026, 4:59 pm IST
Texmaco Rail & Engineering receives a ₹23.57 crore order from Hindalco for wagon supply, to be completed within 5 months.
Texmaco Rail
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Texmaco Rail & Engineering Ltd disclosed on 12 April 2026 that it has secured an order from Hindalco Industries Limited 

The contract is valued at ₹23.57 crore, excluding taxes, and was reported through a stock exchange filing under Regulation 30.  

The announcement was submitted to both the NSE and BSE as part of routine disclosure requirements. 

Execution Schedule 

The company stated that the order is to be completed within 5 months from the date of the purchase order. This places the delivery within a defined near-term period.  

No phased delivery schedule or milestone-based execution details were mentioned in the filing. 

Scope of Supply 

The contract involves the supply of 1 BTAP rake along with 1 brake van. These wagons are typically used for transporting bulk materials across rail networks.  

The filing does not indicate any deviation from standard specifications or customised requirements. 

Transaction Classification 

The order has been classified as domestic. The company also clarified that the transaction does not fall under related party dealings.  

Further, it confirmed that there is no interest from the promoter group or associated entities in the awarding company. 

Compliance Details 

The disclosure was made in line with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Key details such as order size, nature of work, and execution timeline were included in the filing.  

The communication was formally signed by the company’s compliance officer. 

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Texmaco Rail & Engineering Share Price Performance  

As of April 13, 2026, 10:33 am, Texmaco Rail & Engineering Ltd share price was trading at ₹96.88, down 1.72% from the previous closing price. 

Conclusion 

The ₹23.57 crore order adds to Texmaco Rail & Engineering’s current set of contracts. The work is scheduled for completion within 5 months, with no additional disclosures on contractual variations or related party involvement. 

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: Apr 13, 2026, 11:27 AM 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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