Texmaco Rail & Engineering Ltd 2022 AR2
The report outlines the financial and operational performance of Texmaco Rail & Engineering Limited for the fiscal year 2021-22. Despite pandemic-related disruptions and high commodity price volatility, the company secured a historic order of 20,067 wagons from Indian Railways. It also successfully completed a Rights Issue, which was oversubscribed by approximately 1.35 times, to fund working capital and repay loans. Furthermore, the company continued its green initiatives, including the operation of a 50 kW rooftop solar panel, and maintained its focus on employee well-being and community development.
Company: Texmaco Rail & Engineering Ltd
Sector: Industrials
Country: India
Year: 2022
Type: AR2
Pages: 181
Texmaco Rail & Engineering Ltd
Annual Report
The report outlines the financial and operational performance of Texmaco Rail & Engineering Limited for the fiscal year 2021-22. Despite pandemic-related disruptions and high commodity price volatility, the company secured a historic order of 20,067 wagons from Indian Railways. It also successfully completed a Rights Issue, which was oversubscribed by approximately 1.35 times, to fund working capital and repay loans. Furthermore, the company continued its green initiatives, including the operation of a 50 kW rooftop solar panel, and maintained its focus on employee well-being and community development.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees