TITAGARH RAIL SYSTEMS LIMITED
Titagarh Rail Systems Ltd (Formerly Titagarh Wagons Limited), incorporated in 1997, is mainly engaged in the manufacturing and selling of Freight Wagons, Passenger Coaches, Metro Trains, Train Electricals, Steel Castings, Specialised Equipments & Bridges, Ships, etc. The company caters to both domestic and export markets.
What TITAGARH files
- Others71
- Investor Meet38
- Updates26
- Important16
- Board Meeting15
- New Orders9
Titagarh's board approved spinning off its Shipbuilding & Maritime Systems business to its wholly-owned subsidiary TNSL via a slump sale for Rs. 114.88 Cr in securities. This strategic move allows focus on core railway systems. The company also granted 874,500 employee stock options.
Titagarh Rail Systems unveiled a strategic shift, targeting leadership in Passenger Rail Systems with aggressive Metro and Vande Bharat coach production plans. Its total orderbook now stands at ~28,377 Cr, including significant JV contributions like the ~14,000 Cr BHEL Vande Bharat AMC contract.
The company announced its Q1 financial results with consolidated revenue at Rs 679.30 Cr and profit at Rs 30.94 Cr. Key strategic moves include forming a new subsidiary, Titagarh Naval Systems Private Limited, to which its Shipbuilding & Maritime Systems (SMS) business will be transferred. This aims to sharpen focus...
Titagarh Rail Systems is restructuring, creating Titagarh Naval Systems Private Limited to house its Shipbuilding and Maritime Systems (SMS) business. This aims to sharpen focus on core rail systems and draw strategic investors for SMS growth. A committee will also define future strategy for the Defence and Bridges business, exploring...
TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange about General Updates on Strategic Land Acquisition