Texmaco Rail & Engineering Limited has informed the Exchange regarding a press release dated 12.05.2026 titled "TEXMACO secures landmark South African Rail Order opportunity worth more than INR 4,045 crores ".
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Texmaco Rail & Engineering has secured a major Letter of Award (LOA) from a South African Train Operating Company for supply of over 2,235 freight wagons and 30 diesel locomotives. The total order value exceeds INR 4,045 Crores, making it one of the largest international rolling stock opportunities for the company. The contract also includes a proposed 15-year maintenance partnership, creating a long-term lifecycle business opportunity. The company sees potential for phased localization and strategic partnerships across Southern Africa. Management described this as a significant milestone reflecting growing global acceptance of Indian rail engineering capabilities.
This order represents a transformational international opportunity that could significantly boost Texmaco's revenue and order book. The size of the order (over INR 4,045 Crores) likely exceeds multiple years of domestic revenue, positioning the company as a credible global rail exporter.