Board of Texmaco Rail & Engineering approves acquisition of a steel casting foundry

The Board of Texmaco Rail & Engineering has approved the acquisition of a steel casting foundry, located at Urla Industrial Estate, Raipur - 493221, Chhattisgarh, from Simplex Castings, as a going concern on a slump sale basis, which shall result in capacity addition of more than 50% for the company.

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