Texmaco Rail & Engineering Limited has informed stock exchanges that South Western Railway has issued a Letter of Acceptance for the provision of nylon mesh on TTC and portals to prevent bird nesting in the SBC division. The contract has a broad consideration of Rs seven point four million (mn) including taxes. The disclosure has been made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements.

The order has been awarded by a domestic entity and relates to civil protection works to deter birds from nesting on traction and structural components in the division. The company has indicated that the contract is to be executed within 10 months from the date of issue of the Letter of Acceptance. The scope covers supply and installation of nylon mesh on TTC and portal structures.

The filing clarifies that neither the promoter nor the promoter group or group companies have any interest in the entity that awarded the order and that the contract does not constitute a related party transaction. Texmaco Rail has recorded the acceptance on the stock exchange platforms in line with regulatory requirements for listed entities. The disclosure sets out brief particulars including entity name, nature of works and contract value.

The company secretary and compliance officer has submitted the disclosure for information and record and the company will proceed to mobilise resources for execution of the works. The announcement is intended to inform investors and stakeholders about the award and expected implementation timeline. Operational details and progress will be reflected in subsequent regulatory filings as works commence. It has indicated that standard quality assurance and safety procedures will be followed during installation and testing and that progress updates will be provided in periodic compliance filings until completion.