Texmaco Rail & Engineering Limited has received a Letter of Intent (LOI) from JSW (South) Rail Logistics Pvt Ltd. valued at Rs. 253.28 crores (including taxes). The contract is for the manufacture and supply of BFNSM1 Rakes along with BVCM Wagons.
The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and specifically references SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026.
Key Contract Details:
- Awarding Entity: JSW (South) Rail Logistics Pvt Ltd.
- Contract Value: Rs. 253.28 crores (inclusive of taxes)
- Nature of Contract: Manufacture and Supply of BFNSM1 Rakes along with BVCM Wagons
- Geography: Domestic contract
- Related Party Status: Confirmed NOT a related party transaction
- Promoter/Group Interest: No interest by promoter/promoter group/group companies in the awarding entity