BSECompany Update4d ago · 1 Sept 2026, 01:19 pm
Intimation of receipt of Letter of Award worth USD 135 Million from Tsiko Africa Logistics (Pty) Ltd. together with Barberry Holdings (Pty) Ltd.
Texmaco Rail & Engineering Ltd · 533326
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Texmaco Rail & Engineering Ltd has received a Letter of Award worth USD 135 Million from Tsiko Africa Logistics (Pty) Ltd. together with Barberry Holdings (Pty) Ltd for the design, manufacture, supply, and commission of TYPE: Wabtec ES43ACi – 4,500 HP Diesel-Electric Locomotives.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10
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Full Announcement
Texmaco Rail & Engineering Ltd - 533326 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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1st September, 2026
National Stock Exchange of India Ltd. BSE Limited
Exchange Plaza, C-1, Block G, P. J. Towers,
Bandra Kurla Complex Dalal Street,
Bandra (E), Mumbai – 400051 Mumbai – 400001
Symbol – TEXRAIL Scrip Code – 533326
Subject: Receipt of Letter of Award - Disclosure under Regulation 30 of SEBI (Listing
Obligations and Disclosure Requirements), Regulations 2015
Dear Sirs,
Pursuant to Regulation 30, we wish to inform you that Tsiko Africa Logistics (Pty) Ltd. together with
Barberry Holdings (Pty) Ltd has issued Letter of Award of USD 135 Million for Design, Manufacture,
Supply and Commission of TYPE: Wabtec ES43ACi – 4,500 HP Diesel-Electric Locomotives.
The details as required under the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
30th January, 2026 are provided hereunder:
Sl. No Particulars Details
1. Name of the entity awarding the Tsiko Africa Logistics (Pty) Ltd. together with
order(s)/contract(s) Barberry Holdings (Pty) Ltd
2. Significant terms and conditions of Design, Manufacture, Supply and Commission
order(s)/contract(s) awarded in brief of TYPE: Wabtec ES43ACi – 4500 HP Diesel-
Electric Locomotives.
3. Whether order(s) / contract(s) have International
been awarded by domestic/
international entity
4. Nature of order(s) / contract(s) Design, Manufacture, Supply and Commission
of TYPE: Wabtec ES43ACi – 4500 HP Diesel-
Electric Locomotives.
5. Whether domestic or international International
6. Time period by which the order(s) / Within 20 to 24 months from signature of the
contract(s) is to be executed Definitive Agreement.
7. Broad consideration or size of the USD 135 Million exclusive of applicable taxes
order(s)/contract(s) and duties.
8. Whether the promoter/ promoter No
group / group companies have any
interest in the entity that awarded the
order(s)/ contract(s)? If yes, nature of
interest and details thereof
9. Whether the order(s)/contract(s) No
would fall within related party
transactions? If yes, whether the same
is done at “arm’s length”
This is for your information and record.
Yours faithfully,
For Texmaco Rail & Engineering Limited
Sandeep Kumar Sultania
Company Secretary &
Compliance Officer