Subject: Receipt of Order - Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015

Order Details

Order 1 - Transport Corporation of India Limited

  • Value: ₹24.48 crores (including taxes)
  • Nature: Manufacture, Supply and Commissioning of 1 rake of Type ACT-1 wagon along with 1 BVCM wagon
  • Counterparty: Domestic entity
  • Execution Timeline: Within 16 weeks from the date of LOI
  • Related Party Status: No promoter/promoter group/group company interest
  • Related Party Transaction: No

Order 2 - Touax Texmaco Railcar Leasing Private Limited

  • Value: ₹106.88 Crores (including taxes)
  • Nature: Manufacture and Supply of 4 rakes of BFNS22.9 wagons along with 4 BVCM wagons
  • Counterparty: Domestic entity
  • Execution Timeline: By 26th May, 2027
  • Related Party Status: Yes - Texmaco Rail is one of the promoters of Touax Texmaco Railcar Leasing Private Limited. No conflict of interest arising from the transaction.
  • Related Party Transaction: Yes, conducted at arm's length basis