Texmaco Rail & Engineering Limited — Capital/Financing Update 2024

Apr 12, 2024

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12[th] April, 2024

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,

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

We would like to inform you that pursuant to the receipt of approval of the Shareholders by way of Postal Ballot on 8[th] April, 2024, the Capital Issue Committee of the Directors of the Company at its Meeting held on 12[th] April, 2024, has allotted the following under the preferential issue:

• a. 38,86,010 (Thirty Eight Lakhs Eighty Six Thousand Ten) Convertible Warrants at a price of Rs. 193/- each to M/s Adventz Finance Private Limited (‘Adventz’), Promoter Group, upon receipt of payment of 25% of the consideration of the Warrants i.e. Rs. 18,74,99,982.50 (Rupees Eighteen Crores Seventy Four Lakhs Ninety Nine Thousand Nine Hundred Eighty Two and Fifty Paise) with a right to Adventz to apply for and be allotted 1 (One) Equity Share of the Company of Re. 1 /- each against each Convertible Warrant at a premium of Rs. 192/-(Rupees One Hundred and Ninety Two only) per Equity Share, from time to time against payment of the balance 75% consideration, in one or more tranches, and the conversion may be exercised during the period commencing from the date of allotment of Warrants until the expiry of 18 (eighteen) months from the date of allotment of the Warrants.

• b. 38,86,010 (Thirty Eight Lakhs Eighty Six Thousand Ten) Convertible Warrants at a price of Rs. 193/- each to M/s Samena Green Limited (‘Samena’), Non-Promoter (Public), upon receipt of payment of 25% of the consideration of the Warrants i.e. Rs. 18,74,99,982.50 (Rupees Eighteen Crores Seventy Four Lakhs Ninety Nine Thousand Nine Hundred Eighty Two and Fifty Paise) with a right to Samena to apply for and be allotted 1 (One) Equity Share of the Company of Re. 1 /- each against each Convertible Warrant at a premium of Rs. 192/-(Rupees One Hundred and Ninety Two only) per Equity Share, from time to time against payment of the balance 75% consideration, in one or more tranches, and the conversion may be exercised during the period commencing from the date of allotment of Warrants until the expiry of 18 (eighteen) months from the date of allotment of the Warrants.

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The allotment has been undertaken in accordance with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other applicable rules/ regulations / guidelines, if any, prescribed by any other regulatory or statutory authorities. The equity shares issued upon conversion of the Warrants so issued will be listed on BSE Limited and the National Stock Exchange of India Limited.

This is for your information and record.

Thanking you,

Yours faithfully, For Texmaco Rail & Engineering Limited

KISHOR Digitally signed by KISHOR KUMAR KUMAR RAJGARIA Date: 2024.04.12 RAJGARIA 12:11:10 +05'30'

K. K. Rajgaria Company Secretary & Compliance Officer

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