Texmaco Rail & Engineering Limited (Texmaco Rail) has informed the stock exchanges that Eastern Railway has awarded a contract for replacement of auto signalling by using a Multi Section Digital Axle Counter (MSDAC). The contract has a broad consideration of Rs 360 mn excluding taxes and will be executed domestically. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

The scope covers removal and replacement of existing signalling systems and installation of MSDAC equipment across specified sections. The company stated that the execution period is within 24 months from the date of issue of the letter of acceptance. Technical and operational responsibility for commissioning and testing is part of the contract scope.

The company said the project is intended to modernise signalling infrastructure and improve reliability and safety on the awarded sections. Electronic axle counting systems provide axle-by-axle train detection and are being adopted across corridors to replace conventional track circuits. The MSDAC technology referenced in the contract is designed for multi section operation and track section integrity.

The filing notes that the contract does not involve any interest of the promoter, promoter group or group companies and that it is not a related party transaction. The company secretary made the submission to both the National Stock Exchange and BSE as required by listing regulations. The order will be recorded in accordance with applicable accounting and disclosure norms.

The company did not disclose further operational or financial details beyond the contract value, execution timeline and nature of work. Stakeholders will monitor implementation progress during the 24-month execution window and regulatory filings for subsequent updates. The exchange disclosure preserves investor information symmetry and regulatory compliance.