The contract is domestic in nature and will be executed within 11 months. The company stated that the order is not a related party transaction and that its promoters have no interest in JSW Group.

Texmaco Rail & Engineering (TEXMACO) is a listed company and part of the Adventz Group. Texmaco is a key player in the railway and infrastructure sector. It operates across three business segments: Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure ' Electrical.

The company reported a 44.65% decline in consolidated net profit to Rs 42.27 crore in Q3 FY26, compared to Rs 76.38 crore posted in Q3 FY25. Revenue from operations fell 21.45% year-on-year (YoY) to Rs 1,041.59 crore in the quarter ended 31 December 2025.

The scrip declined 5.74% to end at Rs 78.80 on the BSE. The stock market will remain closed today on account of Mahavir Jayanti.

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