BSECompany Update5d ago · 26 Aug 2026, 06:22 pm
Please find enclosed herewith non-binding Memorandum of Undertaking between Titagarh Rail Systems Limited and Siemens
Titagarh Rail Systems Ltd · 532966
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Titagarh Rail Systems Ltd has signed a non-binding Memorandum of Understanding with Siemens to explore international metro rolling stock opportunities. This arrangement is expected to strengthen the company's commitment to promoting local manufacturing in India.
Analysis Scores
Earnings Impact5/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Titagarh Rail Systems Ltd - 532966 - General Update - Signing Of Memorandum Of Undertaking
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26th August, 2026
BSE Limited (BSE) National Stock Exchange of India Limited (NSE)
The Department of Corporate Services The Listing Compliance Department
Phiroze Jeejeebhoy Towers Exchange Plaza Bandra-Kurla Complex
Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051
Scrip Code: 532966 Symbol: TITAGARH
Madam/Sir,
Sub: General Update - Non-Binding Memoranda of Understanding with Siemens to explore
partnership for global metro projects
We wish to inform you that the Company has on 25th August 2026 signed a non-binding Memoranda of
Understanding with Siemens, to jointly evaluate and explore international metro rolling stock opportunities,
on a case-to-case basis. This arrangement is expected to further strengthen TRSL's commitment to promote
local manufacturing in India.
The said disclosure is also being made available on the website of the Company at www.titagarh.in.
Thanking you,
yours faithfully,
For TITAGARH RAIL SYSTEMS LIMITED
Aditya Purohit
Company Secretary & Compliance Officer
M. No. ACS 27825
CIN: L27320WB1997PLC084819
Registered Office: Poddar Point, 10th Floor, 113 Park Street, Kolkata 700016, India
Corporate Office: Titagarh Towers, 756 Anandapur, E.M Bypass, Kolkata 700107, India
Phone:+91 33 40190800 Fax: +91 33 40190823 Email: corp@titagarh.in; Web: www.titagarh.in