Texmaco Rail & Engineering Limited has received a purchase order worth ₹77.76 crores (including taxes) from IVC Logistics Limited for the supply of railway wagons. The order involves supplying 3 rakes of ACT1 wagons along with 1 BVCM wagon with each rake.
The contract is domestic in nature and must be executed on or before 31st March, 2027. The company confirmed that neither the promoter/promoter group nor group companies have any interest in IVC Logistics Limited, and the transaction does not qualify as a related party transaction.