Texmaco Rail & Engineering Limited — Important, 16-05-2025: General Updates

Texmaco Rail & Engineering reported consolidated revenue of ₹1,346 Cr and net profit of ₹38 Cr for the quarter, with freight cars as the main revenue driver. The Board approved a 75% dividend, pending shareholder nod. The company invested AED 50,000 in its Middle East subsidiary, fully acquired Texmaco West Rail Ltd, and plans to merge it. The Infra-Rail & Green Energy division will move to a wholly-owned subsidiary. Fundraising includes ₹750 Cr via QIP for capex, debt, and working capital, plus an ongoing ₹150 Cr preferential issue supporting capacity expansion and corporate plans.