Notice Brief

Texmaco Rail & Engineering Limited has informed the stock exchanges about the outcome of its Board Meeting held on 31st March, 2026. The Board has considered and approved the “Texmaco Long Term Incentive Plan (‘LTIP’) Scheme,” which involves the creation and allotment of up to 24,00,000 Equity Shares of face value Rs. 1/- each. This scheme is aimed at rewarding key executives of the company and is subject to shareholder approval.

LTIP Scheme Details

The LTIP Scheme was formulated based on the recommendations of the Nomination and Remuneration Committee (NRC). Under this plan, the exercise price per option has been set at the face value of the shares, which is Rs. 1 per share. The options have a specific timeline: they will vest 3 years from the date of grant and can be exercised within 2 years from the date of vesting. The scheme complies with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Company Business and Recent Updates

Texmaco Rail & Engineering, a part of the Adventz Group, is a premier multi-discipline engineering company and India’s leading producer of freight cars. The company operates seven manufacturing facilities across India and has supplied over 50,000 freight cars over the last two decades. Recently, on 30th March, 2026, the company secured a contract worth Rs. 22.91 Crore from North Central Railway for improving track circuit reliability across 14 stations. Additionally, in February 2026, Texmaco signed a strategic Joint Venture agreement with Rail Vikas Nigam Limited (RVNL) to enhance India’s rail manufacturing capabilities and focus on advanced rolling stock segments.

Financial Performance and Investors

For the third quarter ended 31st December, 2025, Texmaco Rail reported a total income of Rs. 1,334.23 Crores, marking a significant 47.4% YoY growth compared to Rs. 905.37 Crores in the same quarter of the previous year. The consolidated net profit for the quarter stood at Rs. 76.38 Crores, representing a massive 151.0% YoY increase. On a sequential basis, the net profit grew by 3.1% QoQ from Rs. 74.11 Crores. The company’s promoter holding stands at 48.34%, with major institutional and non-institutional investors supporting its growth trajectory in the railway and infrastructure sector.