Texmaco Rail & Engineering Limited - Board/Management Information 2020

13November, 2020

National Stock Exchange ofIndia Limited Exchange Plaza Bandra - Kurla Complex Bandra (E), Mumbai - 400051 Symbol - TEXRAIL

BSE Limited P. J Towers Dalal Street, Fort Mumbai- 400001 Scrip Code - 533326

Dear Sirs,

We would like to inform you that the Board of Directors ofthe Company has approved the appointment of Mr. Ashish Kumar Gupta (DIN: 07808012) as the Deputy Managing Director of the Company for a period of 3 (three) years w.e.f. 17 November, 2020, subject to approval ofthe shareholders.

Mr. Gupta is not related to any of the Director or Key Managerial Personnel or Promoter of the Company. Further Mr. Gupta is not debarred from holding Directorship by virtue of any SEBI Circular/ Order or any other Authority. A brief profile ofMr. Gupta is enclosed for your reference.

Thanking you,

Yours faithfully, For Texmaco Rail &Engineering Limited

Brief Profile of Mr. Ashish Kumar Gupta

Mr. Ashish Kumar Gupta, 49 years of age, is a graduate in Electrical Engineering from IIT Roorkee (1993 batch). He has completed General Management Program from XLRI, Jamshedpur and CEDEP (INSEAD), France. He is extensively trained on Operations-Maintenance Technology, Safety, SPC and TQM in India and abroad.

In his career, Mr. Gupta has developed proficiency in capacity exploitation and de-bottlenecking, cost management, business growth and scale up of operations, new business development and management of large work force and organization. He is an effective communicator with excellent relationship management skills and strong analytical, leadership, decision making, problem solving & organizational abilities.

He joined Tata Steel as a Graduate Trainee in 1993, and in the span of 24 years of his association with Tata Steel, he has held various important positions in several divisions within the Tata Group.

He was the Managing Director of TM International Logistics Limited (A Tata Steel JV) from 2017 till 2020 and has played an important role in the rapid growth of the Company. He has also been a Member ofthe Board ofTKM India and ISL, Dubai and Tata NYK, Singapore.