Texmaco Secures Rs. 571.5 mn Order From Vedanta Aluminium Metal

11 May 2026 CW Team

Texmaco Rail & Engineering has disclosed that Vedanta Aluminium Metal Limited has awarded it an order worth Rs. 571.5 million (mn) for the supply and commissioning of two BTAP rakes and two BVCM. The disclosure was filed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements and submitted to the National Stock Exchange and BSE. The order has been described as domestic and covers design, supply and commissioning services and forms part of the company's order book and contract obligations include warranty and maintenance provisions.

The order specifies the delivery schedule in two phases. The first rake, which comprises 53 wagons and one BVCM, is to be delivered within six months from the effective date. The second rake is to be delivered within eight months from the effective date. The effective date is noted as eight May 2026 and the contract price is stated to include taxes and specified timelines for testing.

The company has recorded the order value as Rs. 571.5 mn in its filings, with the disclosure listing the value including taxes and recorded in stock exchange filings. It has confirmed that neither the promoter nor promoter group has any interest in the customer and that the transaction does not qualify as a related party transaction. The filing was signed by the company secretary and compliance officer, Sandeep Kumar Sultania, and submitted for information and record.

Texmaco noted the order will be executed domestically and forms part of its rolling stock operations. The company outlined the scope as supply and commissioning and included timelines for testing and handover. No new payments or forecasts were disclosed and no promoter related interest was indicated. The company is listed on the National Stock Exchange as TEXRAIL and on BSE under scrip code 533326 for public market disclosure records.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..