Texmaco Rail & Engineering Limited has filed a placement document on March 27, 2024 for an issue of 16,129,032 equity shares to qualified institutional buyers, aggregating to ₹250 crore.

Khaitan & Co acted as Legal Counsel to Texmaco in this QIP.

The transaction team consisted of Madhur Kohli (Partner), Vaibhav Mittal (Partner), Aayush Virani (Associate), Varshini Puni (Associate)and Bhavna Sancheti (Associate).

JSA advised Nuvama Wealth Management Limited and ICICI Securities Limited in relation to the QIP.

The transaction team consisted of Arka Mookerjee (Lead Partner), Siddhartha Desai (Partner), Ayushi Pandit (Associate), Reshmi Prabhakar (Associate) and Govind Roy (Associate).

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