Texmaco Rail & Engineering Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

Texmaco Rail's board met, approving consolidated financial results for the quarter ended June 30, 2025. Revenue hit ₹910.60 Cr, with a net profit of ₹29.34 Cr and EPS of ₹0.75. The NCLT has sanctioned the merger of Texmaco West Rail with the company, effective April 1, 2025, a key strategic move. The board also re-appointed Mr. Indrajit Mookerjee as Executive Director & Vice Chairman and Mr. Sudipta Mukherjee as Managing Director, subject to shareholder approval. Updates on QIP and Preferential Issue fund utilization were noted: most QIP funds are utilized for capex, debt repayment & working capital, while preferential issue funds for capacity expansion are still being deployed.