Texmaco Rail & Engineering Limited — Capital/Financing Update 2023

Oct 26, 2023

Texmaco Rail & Engineering Ltd. Belgharia Works CIN: L29261WB1998PLC087404

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TEXMACO

26[th] October, 2023

National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex Bandra (E), Mumbai – 400051 Symbol -TEXRAIL

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

Dear Sirs,

We would like to inform you that pursuant to the receipt of approval of the Shareholders by way of Postal Ballot on 23[rd] October, 2023, the Capital Issue Committee of the Directors of the Company at its Meeting held on 26[th] October, 2023, has allotted the following under the preferential issue:

• a. 27,02,700 (Twenty Seven Lakhs Two Thousand Seven Hundred) Equity Shares of Re. 1 /- each to M/s Adventz Finance Private Limited for cash consideration of Rs. 39,18,91,500 (Rupees Thirty Nine Crores Eighteen Lakhs Ninety One Thousand Five Hundred) , and

• b. 6,75,675 (Six Lakhs Seventy Five Thousand Six Hundred Seventy Five) Equity Shares of Re. 1 /- each to Shri Saroj Kumar Poddar (as an individual) for cash consideration of Rs. 9,79,72,875 (Rupees Nine Crores Seventy Nine Lakhs Seventy Two Thousand Eight Hundred Seventy Five).

The issue price for the aforesaid preferential issue was considered as Rs. 145/- per Equity Share of face value of Re. 1/- each, as approved by the Shareholders and in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Consequent to the allotment, the paid up capital of the Company has increased from 32,18,69,895 Equity Shares of Re. 1/- each to 32,52,48,270 Equity Shares of Re. 1/- each.

This is for your information and record.

Thanking you,

Yours faithfully,

For Texmaco Rail & Engineering Limited

KISHOR Digitally signed by KISHOR KUMAR KUMAR RAJGARIA RAJGARIA Date: 2023.10.26 12:39:42 +05'30'

K. K. Rajgaria Company Secretary & Compliance Officer

REGD. OFFICE : Belgharia, Kolkata - 700 056. Ph.: +91 33 2569 1500, Fax: 2541 1722 / 2448 Email: texmail@texmaco.in, Website: www.texmaco.in