5333262026-08-282026-08-285333262026-08-285333262026-08-282026-08-28PartiesOfTheAgreementDomain15333262026-08-28PartiesOfTheAgreementDomain1xbrli:pureTEXMACO RAIL & ENGINEERING LIMITEDTEXRAILNewOthersMemorandum of Understanding (MOU)Execution of agreementListed Entityfalse2026-08-2716:30:00true2026-08-28The Company has executed a Memorandum of Understanding (“MOU”) with Bochumer Verein Verkehrstechnik GmbH, Germany (“BVV”) to record the broad terms for exploring and pursuing potential collaboration in the field of railway wheels, wheelsets, axles and related rail vehicle components.trueNA1Bochumer Verein Verkehrstechnik GmbH (“BVV”)Party entering into the agreementNilfalse2026-08-27The Memorandum of Understanding (“MoU”) has been executed to record the broad terms for exploring and pursuing potential collaboration between Texmaco Rail & Engineering Limited (“Texmaco”) and BVV in the field of railway wheels, wheelsets, axles and related rail vehicle components, including (i) evaluation of opportunities and technical, qualification, certification and localisation requirements prescribed by Indian Railways; (ii) supply of such Products to the global railway industry, including Indian Railways; and (iii) provision of associated technical services and solutions, through a proposed joint venture entity and/or special purpose vehicle in India. The MoU also contemplates a supply arrangement pursuant to which BVV is proposed to supply the Products to Texmaco.The MoU sets out the broad framework for a proposed joint venture in India for the Products and related activities and contemplates execution of a Joint Venture Agreement and ancillary agreements. Key terms include: (a) the shareholding distribution and board appointment rights in the proposed JV Entity between Texmaco and BVV remain subject to further negotiation and shall be agreed under the Joint Venture Agreement; (b) BVV is expected to provide/ license relevant technology, technical know-how, manufacturing processes, engineering expertise and technical support, subject to the definitive agreements; (c) Texmaco is expected to undertake/ support localisation, industrialisation, manufacturing, assembly, testing, quality assurance, marketing, supply and after-sales support in India, subject to the definitive agreements; (d) BVV is proposed to be one of Texmaco’s preferred international suppliers, subject to the Definitive Supply Agreement, with minimum purchase commitments, pricing and other commercial terms to be agreed therein; and (e) the Parties have agreed to negotiate and execute the definitive agreements in good faith. The MoU is effective for 12 months from execution unless terminated earlier in accordance with its terms. During its term, the MoU contains exclusivity provisions in relation to the contemplated purpose.falseNAThe MoU is intended to facilitate discussions for a potential future collaboration. Execution of the Definitive Agreement is subject to mutual negotiations and approvals of the respective managements. No nominee director rights, governance rights or conflict of interest arrangements have been agreed. The MoU is non-equity in nature and does not create any joint venture or partnership.