Corporate News     09-Sep-20
Board of Texmaco Rail & Engineering withdraws proposal for rights issue
At meeting held on 08 September 2020
The Board of Texmaco Rail & Engineering at its meeting held on 08 September 2020 has withdrawn the proposal for rights issue in view of factors completely beyond the Company's control, i.e., the changes in the ground realities due to plummeting GDP and economy as a result of the slowdown in the world-wide economy further aggravated lately due to onset of COVID-19 pandemic resulting in the prevailing market price of the Company's Equity Shares falling much below the proposed Rights Issue price.
Previous News
  Texmaco Rail & Engineering consolidated net profit rises 185.02% in the June 2024 quarter
 ( Results - Announcements 14-Aug-24   07:56 )
  Texmaco Rail board OKs to raise Rs 150 cr via preferential issue
 ( Hot Pursuit - 28-Feb-24   11:18 )
  Texmaco Rail & Engineering to convene board meeting
 ( Corporate News - 07-Oct-23   17:35 )
  Texmaco Rail board OKs Rs 1,000-cr QIP issue
 ( Hot Pursuit - 16-Sep-23   13:45 )
  Board of Texmaco Rail & Engineering approves fund raising up to Rs 1000 cr via QIP
 ( Corporate News - 15-Sep-23   17:13 )
  Texmaco Rail & Engineering to hold board meeting
 ( Corporate News - 13-May-21   10:24 )
  Texmaco Rail & Engineering reports standalone net profit of Rs 6.51 crore in the June 2018 quarter
 ( Results - Announcements 31-Jul-18   16:48 )
  Texmaco Rail & Engineering to declare Quarterly Result
 ( Corporate News - 03-Aug-22   17:27 )
  Texmaco Rail & Engineering declare Quarterly Result
 ( Corporate News - 06-May-24   17:40 )
  Texmaco Rail & Engineering to convene board meeting
 ( Corporate News - 15-Apr-19   09:45 )
  Texmaco Rail & Engineering reports standalone net profit of Rs 13.24 crore in the March 2015 quarter
 ( Results - Announcements 22-May-15   17:40 )
Other Stories
  NIIT allots 75,000 equity shares under ESOP
  03-Oct-24   12:01
  Five-Star Business Finance allots 10,120 equity shares under ESOP
  03-Oct-24   12:00
  J Kumar Infraprojects bags MMRDA road project of Rs 1847.72 cr
  03-Oct-24   11:53
  EFC announces incorporation of two new step down subsidiaries
  03-Oct-24   11:43
  Utkarsh Small Finance Bank appoints Mary Kom and Sunil Chhetri as its brand ambassadors
  03-Oct-24   11:41
  ITD Cementation India wins order of Rs 1,937 cr
  03-Oct-24   10:35
  NIIT Learning Systems allots 1,666 equity shares under ESOP
  03-Oct-24   10:30
  Ashoka Metcast to discuss results
  03-Oct-24   10:29
  Emerald Finance to declare Quarterly Result
  03-Oct-24   10:29
  Rhetan TMT schedules board meeting
  03-Oct-24   10:29
Back Top