Resignation

Transrail Lighting Limited announced two key decisions: the acquisition of 100% equity in Gactel Turnkey Projects Limited and the resignation of Deputy Managing Director Mr. Raman Rajagopalan. The acquisition of Gactel, a company with a FY26 turnover of ₹0.58 Crore in industrial cooling solutions, is a strategic cash investment aimed at bolstering Transrail's engineering and EPC capabilities in cooling towers. While a related party transaction, it's stated to be at arm's length. Mr. Rajagopalan's resignation, effective July 31, 2026, is due to personal commitments. The acquisition signals future growth in a niche segment.