Texmaco Rail Adds ₹412 Crore to Railway Wagon Order; Shares Rise 3.36%

Mumbai, October 29: Texmaco Rail & Engineering Limited has received an amendment from the Ministry of Railways to supply an additional 1,020 BOXNS wagons under an existing contract, increasing the total order quantity to 4,420 wagons. The additional order is valued at ₹412.32 crore, while the amended contract value has risen to ₹1,786.74 crore, including taxes.

The company disclosed the amendment in a regulatory filing dated October 29, 2026, following an amendment letter issued by the Railway Board on October 28.

Texmaco Rail Gets Additional Order for 1,020 Wagons

The Ministry of Railways exercised the option clause in the original contract to increase the quantity of BOXNS wagons from 3,400 to 4,420. The additional 1,020 wagons will be manufactured and supplied under the same prices, terms and conditions as the original contract.

The amended contract’s total value now stands at ₹1,786.74 crore, including taxes, compared with the earlier value before the quantity increase. The company said the additional quantity will be executed within 162 days beyond the revised delivery period, up to June 11, 2027.

The order is domestic, and Texmaco Rail stated that its promoters, promoter group and group companies have no interest in the entity awarding the contract. It also confirmed that the order does not constitute a related-party transaction.

Stock Market Snapshot

The Texmaco Rail share price was trading 3.36% higher at ₹104.19 on Thursday, October 29, compared with the previous close of ₹100.80. The stock opened at ₹102.00.

The quote reflects the intraday price displayed at 2:47:24 PM IST. The price movement alone does not establish a direct link between the contract amendment and the stock’s performance.

About Texmaco Rail & Engineering

Texmaco Rail & Engineering Limited operates in railway engineering and infrastructure, manufacturing railway wagons, coaches, locomotives and related equipment. The company also provides services supporting rail transportation and infrastructure projects.

Conclusion

The contract amendment increases Texmaco Rail’s total wagon supply commitment to 4,420 BOXNS wagons and raises the amended contract value to ₹1,786.74 crore, including taxes. The additional quantity is scheduled for execution by June 11, 2027.

Source:

• https://www.nseindia.com/get-quote/equity/TEXRAIL/Texmaco-Rail-&-Engineering-Limited
• https://nsearchives.nseindia.com/corporate/TEXRAIL_29102026133824_ORDERMINISTRYOFRAILWAYS29102026SIGNED.pdf