Intimation of receipt of 2 Letters of Acceptance worth Rs. 191.99 Crores (incl. taxes) from South Central Railway
TEXRAIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Texmaco Rail & Engineering has received 2 Letters of Acceptance from South Central Railway valued at Rs. 191.99 crores (including taxes). The contract is for Comprehensive Signalling and Telecommunication Works for Provision of Automatic Block Signalling System. The order is domestic, awarded by a government entity, and must be completed within 480 days from the Appointed Date. There is no related party involvement and no promoter interest in the awarding entity.
This represents a meaningful contract win from a government railway entity, potentially providing revenue visibility for the company over the next 16 months. The order size suggests substantial work scope in railway signalling infrastructure.