Titagarh Rail Systems Merger & Restructuring Worth ₹0.5 Cr
Titagarh Rail Systems is forming a 50:50 Joint Venture with BHEL to maintain Vande Bharat trainsets. The JV has an initial paid-up capital of ₹0.50 Crore.
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- ₹0.50 Cr
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Titagarh Rail Systems is forming a 50:50 Joint Venture with BHEL to maintain Vande Bharat trainsets. The JV has an initial paid-up capital of ₹0.50 Crore.
Titagarh Rail Systems and BHEL signed a Joint Venture Agreement to form a company for maintaining 80 Vande Bharat trainsets for Indian Railways.
Titagarh Rail Systems informed the exchange that it has dispatched letters to shareholders providing the web-link to the Annual Report 2025-26 and requesting KYC updates.
Titagarh Rail Systems convened its 29th AGM for September 30, 2026, to approve FY25-26 results and a Re. 1 dividend. Director re-appointments also feature.
Titagarh Rail Systems filed its Annual Report for FY 2025-26 along with the 29th AGM notice. No new transaction is announced in this filing.
Titagarh Rail Systems approved its Deputy MD's re-appointment, scheduled its 29th AGM, fixed a dividend record date, and decided to close a non-operational joint venture.
Titagarh Rail Systems announced a management restructuring in its Passenger Rail Systems business, with Bhavesh Jethwa assuming the role of Head of Operations.
Titagarh Rail Systems signed a non-binding MoU with Siemens to explore international metro rolling stock opportunities. This collaboration aims to promote local manufacturing in India.
Titagarh Rail Systems inaugurated a new Design and Operations Centre at its Uttarpara facility in West Bengal. This new hub aims to strengthen in-house engineering and innovation.
Titagarh Rail Systems has been approved as an Indian Railways vendor for 3-phase locomotive traction motors, with a 1,200 units annual capacity.
TRSL reported Q1 FY27 results highlighting a shift towards Passenger Rail Systems (PRS), now 31% of revenue. Focus is on ramping up coach production capacity to 850 per annum by 2028-29.
Titagarh Rail Systems reported robust Q1 FY27 results with consolidated revenue at ₹765 Cr and EBITDA margins expanding to 12.42%. Strategic shift continues toward higher-margin Passenger Rail Systems.
A Monitoring Agency Report regarding the utilization of proceeds from a preferential issue of convertible warrants for the quarter ended June 30, 2026.
Titagarh Rail Systems Ltd reported revenue from operations of ₹765.1 Cr (+12.6% YoY) and net profit of ₹52.6 Cr for Q1 FY27.
Titagarh Rail Systems has scheduled a Board Meeting on August 12, 2026, to consider and approve its unaudited financial results for the quarter ending June 30, 2026.
Titagarh Rail Systems' subsidiary, Titagarh Naval Systems, launched the final Diving Support Craft (DSC A24) for the Indian Navy, completing the five-vessel project series.
Titagarh Rail Systems Ltd filed its quarterly shareholding pattern for the period ended June 30, 2026, as required under SEBI Regulation 31(1)(b).
Titagarh Rail Systems partnered with TuTr Hyperloop to develop India's first Hyperloop-enabled freight solutions. The collaboration aims to advance indigenous freight mobility technology for domestic and global markets.
Titagarh Rail Systems achieved record turnover and profitability in FY26. Management successfully exited the loss-making Firema investment and is scaling the passenger rail segment toward 200 cars in FY27.
TRSL reported mixed FY26 results with consolidated revenue at ₹3,143.58cr, down from FY25. Focus remains on scaling Passenger Rail Systems and execution of a ₹27,540cr total order book.
Titagarh Rail Systems achieved record passenger rail turnover and exited its loss-making Italian subsidiary, Firema. Management is pivoting towards high-margin passenger segments while maintaining a steady-state freight business.
Titagarh Rail Systems recommended a final dividend of ₹1 per equity share for the fiscal year. The record date and general meeting date remain to be finalized.
Titagarh Rail Systems Ltd reported revenue from operations of ₹875.4 Cr (-12.9% YoY) and net profit of ₹53.5 Cr for Q4 FY26.
Titagarh Rail Systems approved FY26 audited financial results and recommended a Re. 1 dividend per share. The company also completed its exit from European operations via its Italian associate.
Titagarh Rail Systems scheduled a board meeting on May 30, 2026. Directors will consider annual audited financial results and potential dividend recommendations.
Titagarh Rail Systems filed its Annual Secretarial Compliance Report for FY2026. The report confirms full regulatory adherence and maintenance of a structured digital database.
Titagarh Rail Systems Ltd reported on the utilization of Rs. 199.99 Crore raised via preferential warrants. No deviations from objects were observed during the period.
Titagarh Naval Systems Limited launched the fourth Diving Support Craft A23 (YARD 328) for the Indian Navy in Kolkata. Part of a five-vessel series, this indigenously built catamaran supports underwater operations. The company also announced a strategic restructuring of its maritime business into a wholly-owned subsidiary with an order book exceeding ₹500 Crore.
Titagarh Rail Systems' subsidiary, TNSL, received in-principle approval for a ₹610 Crore brownfield expansion at Falta, West Bengal. The project is eligible for ₹128.89 Crore in government capital assistance. This expansion strengthens Titagarh's maritime capabilities for defense and commercial vessel construction under the National Shipbuilding Mission.
Titagarh Rail Systems Ltd submitted its quarterly compliance certificate for the period ending March 31, 2026. The report, issued by Maheshwari Datamatics, confirms the dematerialization and destruction of physical share certificates as per SEBI regulations. This is a routine regulatory filing with no material impact on business operations.