Texmaco Rail & Engineering Limited
Texmaco Rail & Engineering Ltd is an engineering infrastructure co. & part of the Adventz Group, The co. is involved in the business of manufacturing Rolling stock, hydro-mechanical equipment, steel castings & construction of Rail EPC, bridges, and other steel structures.
What Texmaco files
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- New Orders58
- Important33
- Updates30
- Investor Meet28
- Board Meeting10
Texmaco Rail & Engineering and Germany's BVV signed an MoU to explore a joint venture for railway wheels, axles, and components in India. BVV will provide technology, while Texmaco handles localization and manufacturing. This strategic partnership aims to serve Indian and global railway markets.
Texmaco Rail & Engineering's Urla Plant initiated solar power operations, contributing to reduced energy, water, and waste intensity. The company reported no fines for FY25-26, completing Texmaco West Rail Limited's amalgamation and boosting safety and human rights training.
Texmaco's subsidiary TDTL secured up to Rs 200 Cr investment from Vagus Def Tech & Aerospace Fund-1 (Calculus). Calculus will invest Rs 100 Cr for 30% equity, with the rest via future instruments. Texmaco's stake in TDTL drops to 70% from 100%, making it a subsidiary. This fuels TDTL's growth.
Texmaco Rail partners with Belgium's TSC via an MOU for strategic collaboration on ETCS solutions. This aims to develop India's Kavach system, boosting Texmaco's play in advanced railway signaling tech. A definitive agreement is to follow.
Texmaco Rail (TEXRAIL) signed an MoU with Škoda Digital S.R.O. to explore business opportunities in railway digitalization, including AI-based systems. This paves the way for potential future collaboration in advanced rail technologies.