Texmaco Rail & Engineering Limited — Capital/Financing Update 2023

Jul 17, 2023

Texmaco Rail & Engineering Ltd. Belgharia Works CIN: L29261WB1998PLC087404

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TEXMACO

17[th] July, 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,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing obligations and Disclosure Requirements) Regulations, 2015, and our intimation dated 12th July, 2023, we would like to inform you that the Board of Directors at its Meeting held today, has given its in-principle approval for raising of funds upto Rs. 500 crore, by way of issuance of one or more instruments, including equity shares, preference shares, convertible securities, non-convertible securities, warrants, etc, either by way of preferential issue, rights issue, qualified institutional placement, follow on public offer, or a combination thereof, or through any other mode, as may be permitted under applicable laws, subject to shareholders approval and such other approvals as may be required under applicable laws.

The Board has authorized Capital Issue Committee to appoint consultant(s) / lawyer(s) /advisor(s) for the purpose of raising of funds as above.

The Meeting commenced at 4:30 p.m. and concluded at 7:50 p.m.

Thanking you,

Yours faithfully,

For Texmaco Rail & Engineering Limited

KISHOR KUMAR Digitally signed by KISHOR KUMAR RAJGARIA RAJGARIA Date: 2023.07.17 20:00:54 +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