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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.
Titagarh Rail Systems has announced that its twenty-ninth Annual General Meeting will be held via video conferencing. The company has dispatched annual report web-links and urged physical shareholders to promptly complete mandatory KYC and PAN updates to avoid restrictions on dividend payouts.
Titagarh Rail Systems (TRSL) signed a non-binding MoU with Siemens to jointly explore international metro rolling stock opportunities. This collaboration aims to strengthen local manufacturing in India.
Titagarh Rail Systems inaugurated a new Design & Operations Centre in Uttarpara, WB. This facility strengthens its in-house design, engineering, and innovation capabilities for passenger rail systems, enhancing advanced manufacturing and supporting future growth in the rail sector.
Titagarh Rail Systems is now an Approved Vendor for Indian Railways, supplying 1,200 3-phase locomotive traction motors annually. This enhances its position in the locomotive equipment segment, opening new tender opportunities. Financial impact hinges on orders received.
Titagarh Naval Systems (TNSL), a wholly-owned subsidiary, completed its order by launching the fifth and final Diving Support Craft for the Indian Navy. TNSL, focusing on shipbuilding with a ~500 Cr order book, is also developing a new shipyard to expand capacity.