BSECompany Update24 Jul 2026 · 24 Jul 2026, 06:31 pm

Announcement under Regulation 30 (LODR)-Intimation of allotment of securities in Touax Texmaco Railcar Leasing Private Limited (Joint Venture Company) to the new Joint Venture Partner ....

Texmaco Rail & Engineering Ltd · 533326

✦ AI SummaryJoint Venture

Texmaco Rail & Engineering Ltd has informed about the allotment of securities in its joint venture company, Touax Texmaco Railcar Leasing Private Limited, to the new joint venture partner, TrinityRail Global Inc. The shareholding of the joint venture company has been revised to 34% each for Touax Rail India Limited and Texmaco Rail & Engineering Limited, and 32% for TrinityRail Global Inc.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

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Texmaco Rail & Engineering Ltd - 533326 - Announcement Under Regulation 30 (LODR)-Intimation Of Allotment Of Securities In Touax Texmaco Railcar Leasing Private Limited (Joint Venture Company) To The New Joint Venture Partner Namely Trinityrail Global, Inc.

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24th July, 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: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sirs, In continuation of our earlier intimation dated 3rd June, 2026 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Touax Texmaco Railcar Leasing Private Limited, a joint venture company between Touax Rail India Limited and Texmaco Rail & Engineering Limited ("Joint Venture Company"), has today issued 3,16,70,588 Equity Shares and 76,893 Compulsorily Convertible Debentures ("CCDs") to the new joint venture partner, TrinityRail Global Inc. After said issuance, the shareholding of the Joint Venture Company stands revised to 34% (plus 1 Equity Share) for Touax Rail India Limited, 34% (minus 1 Equity Share) for Texmaco Rail & Engineering Limited and 32% for TrinityRail Global Inc. 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 attached herewith as Annexure – I. This is for your information and record. Yours faithfully, For Texmaco Rail & Engineering Limited Sandeep Kumar Sultania Company Secretary & Compliance Officer Encl: as stated above Annexure I Sn Particulars Information of such event (s) 1 Name of the Joint Venture Company Touax Texmaco Railcar Leasing Private Limited 2 The amount and percentage of the turnover or Particulars Amount % revenue or income and net worth contributed (INR by such unit or division or undertaking or Crores) subsidiary or associate company of the listed Total Income 99.56* NA* entity during the last financial year; Net Worth 258.35* NA* *As Touax Texmaco Railcar Leasing Private Limited is an associate company, only the Company's share of profit/(loss) is considered in the consolidated financial statements under the equity method; its total income and net worth are not line- by-line consolidated. 3 Date on which the agreement for sale has been Not Applicable entered into; 4 The expected date of completion of Not Applicable sale/disposal; 5 Consideration received from such Not Applicable sale/disposal; 6 Brief details of buyers and whether any of the TrinityRail Global Inc. (new JV buyers belong to the promoter/ promoter Partner). group/group companies. If yes, details thereof; The new JV Partner is not related to the promoter/ promoter group/group companies 7 Whether the transaction would fall within No related party transactions? If yes, whether the same is done at “arm’s length”; 8 Whether the sale, lease or disposal of the Not Applicable undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. 9 Additionally, in case of a slump sale, Not Applicable. indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.