Texmaco Rail & Engineering has informed that the Board of Directors has approved an additional equity investment of 31,500 Equity Shares of Rs 10 each amounting to Rs. 3.15 Lakhs by new investors in Panihati Engineering Udyog, a wholly owned subsidiary of the Company. As a result of this transaction Panihati Engineering Udyog will cease to be Subsidiary of the Company with effective from date of acquisition of Equity Shares by the new investors. The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024, are attached herewith as Annexure - I.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Texmaco Rail & Eng. | 106.04 |
| Jupiter Wagons | 286.15 |
| Titagarh Railsystems | 741.05 |
| Jessop & Co | |
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