Texmaco Rail & Engineering Limited — Capital/Financing Update 2020

Feb 26, 2020

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Nameofthetargetentity,details inbriefsuch	TexmacoRailElectrifi cationLimited
assize,turnover,etc.	AuthorisedEquityShareCapital: T 2,00,000/-
	(RupeesTwoLacsOnly)
	Turnover:Nil
Whethertheacquisitionwouldfallwithin	It is awholly-ownedsubsidiaryofthe
relatedpartytransaction(s) and whetherthe	Company.
promoter/ promoter group/ groupcompanies	The Promoter/ Promoter group havenoother
haveanyinterestin theentitybeingacquired?	interestintheentity.
Ifyes,natureofinterestanddetailsthereofand
whether thesameis done at"arms length"
Industrytowhich theentitybeingacquired	RailElectrifi cationfield
belongs
Objects andeffectsofacquisition (including	To explorebusinesspotentialin the nichefield
butnotlimitedto,disclosureofreasonsfor	of RailElectrification.
acquisitionoftargetentity,ifitsbusinessis
outsidethe mainline ofbusinessofthe listed
entity);

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ParticularsDetailsBriefdetailsofan overnmental orreulatorNot Applicable	ParticularsDetailsBriefdetailsofan overnmental orreulatorNot Applicable	ParticularsDetailsBriefdetailsofan overnmental orreulatorNot Applicable
y ggyapprovalsrequiredfortheacquisition;
IndicativetimeperiodforcompletionofNot Applicab	le
acquisition;
Nfidtihh
atureoconseraonwetercash Cash
considerationorshare swap anddetailsofthe
same;Costofacquisitionorthe price atwhichtheAtface value
shares areacquired;Percentageofshareholding/controlacquiredTheCompany	holds100%ofT	RElec
d/ nmberofhracired
an or u saesqu;
Briefbackgroundabouttheentityacquired intermsofproducts/lineofbusiness acquired, Dateofincorporation: 26ft February, 2020History oflast3years:Not Applicable
dateofincorporation,historyoflast3yearsturnover, countryin whichthe acquired entityCountryofpr	esence:India
hasresenceandanothersinificant
p y g
information(in brief);

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