Texmaco Rail & Engineering Secures $62 Million International Order from Cameroon

Published: Jul 1, 2025 14:02

Texmaco Rail & Engineering Limited (TEXRAIL) announced on June 25, 2025, that it has secured a substantial international order from CAMALCO SA, Cameroon, valued at USD 62,244,000 (approximately INR 535 Crore).

The comprehensive order is bifurcated into two key components: the manufacturing and supply of 560 open top wagons, valued at USD 32,760,000 (approximately INR 282 Crore), and a long-term maintenance contract spanning 20 years, worth USD 29,484,000 (approximately INR 253 Crore).

Under the terms of the agreement, the initial 560 open top wagons are slated for completion and delivery in two phases within 24 months from the purchase order date. Significantly, the contract also includes a provision for an additional order of 1040 wagons in subsequent phases, along with their corresponding long-term maintenance.

This marks a notable international win for Texmaco Rail & Engineering, reinforcing its presence in the global rail infrastructure sector. The company confirmed that the order was awarded by an international entity and does not involve any related party transactions or promoter interest.

The announcement was made outside market hours. Texmaco’s shares were trading at ₹176.7, up 0.4%, when the announcement was made.

source: Corporate Announcement