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Texmaco Rail & Engineering Limited — Important, 14-08-2026: Agreements
14-08-2026 | 07:13 pm
14-08-2026 | 07:13 pm
Texmaco's subsidiary TDTL secured up to Rs 200 Cr investment from Vagus Def Tech & Aerospace Fund-1 (Calculus). Calculus will invest Rs 100 Cr for 30% equity, with the rest via future instruments. Texmaco's stake in TDTL drops to 70% from 100%, making it a subsidiary. This fuels TDTL's growth.
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