Texmaco Defence Technologies Limited has secured investmests from its parent company Texmaco Rail and Engineering Limited and Vagus Def Tech & Aerospace Fund-1, the pooling vehicle of Calculus Defence Fund.

Khaitan & Co advised both Texmaco Defence and Texmaco Rail on this transaction.

The transaction team consisted of Shourya Sengupta (Partner), Riya Dutta (Consultant), Supallab Chakraborty (Principal Associate), Joysurjo Roy (Senior Associate) and Ishika Sinha (Associate).

Texmaco Defence shall be engaged in the business of sourcing, developing, manufacturing, marketing and selling defence technology products in India and other mutually agreed territories and carrying out any related or ancillary business activities.

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