Texmaco Rail inks JV pact with RVNL to boost rail manufacturingTexmaco Rail inks JV pact with RVNL to boost rail manufacturing

Introduction

Leading rail engineering company executed Strategic Joint Venture Shareholders Agreement with RVNL to incorporate joint venture for rolling stock, EPC, and infrastructure projects in India and overseas markets.

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Share price movement of Texmaco Rail

On February 20, 2026, Texmaco Rail & Engineering Ltd opened at ₹112.75, up 0.40% from its previous close of ₹112.30. The stock reached a high of ₹114.25 (1.74%) and a low of ₹111.00. By 11:32 AM, it traded at ₹111.25, down 0.93%, with a market cap of ₹4,526.37 crore.

Texmaco and RVNL Sign JV Pact

Texmaco Rail & Engineering Limited executed Strategic Joint Venture Shareholders’ Agreement with Rail Vikas Nigam Limited on February 19, 2026, for incorporation and operation of joint venture company.

The agreement formalises collaboration to establish unified platform for rail manufacturing and infrastructure projects. Texmaco will hold 49 percent stake, while RVNL will retain majority ownership.

The joint venture will focus on rolling stock, lifecycle maintenance, asset management, and large-scale EPC and turnkey rail infrastructure projects in India and overseas markets.

Stock performance of Texmaco Rail for period of 1 week, 6 months, and 1 year

Texmaco Rail & Engineering Ltd declined 1.23% over the past week and fell 22.1% in the past six months. The stock dropped 24.3% over the past year.

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Shareholding pattern of Texmaco Rail

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	48.30%	48.30%	48.30%
FII	7.10%	7.00%	8.10%
DII	6.30%	7.20%	7.40%
Public	38.30%	37.50%	36.20%

About Texmaco Rail

Texmaco Rail & Engineering Ltd (NSE: TEXRAIL) is an Adventz Group company engaged in rolling stock manufacturing, rail EPC, bridges, steel structures, hydro mechanical equipment, and castings.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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