News

Transrail Lighting will hold a meeting of the Board of Directors of the Company on 26 May 2026.

The board of Transrail Lighting will meet on 26 May 2026 to consider proposal of fund raising by way of issuance of debt securities through one or more modes as may be permitted under applicable laws, in one or more tranches, subject to such regulatory or statutory approvals as may be required.

Transrail Lighting has further made an investment by way of subscription to the equity share capital of its wholly owned subsidiary in the UAE, namely Transrail Trading LLC (formerly known as Transrail Contracting LLC).The Company has invested AED 12,500,000 in the share capital of Transrail Trading LLC. Based on an exchange rate of AED 1 = INR 25.22, the investment amounts to approximately Rs 315,250,000 ( Rs 31.53 crore). Consequent to the aforesaid investment, Transrail Trading LLC continues to remain a wholly owned subsidiary of the Company.Powered by Capital Market - Live News

Transrail Lighting has received ratings action from CRISIL Ratings as under:Total bank facilities rated - Rs 7,070 crore Long term rating - CRISIL AA-; Stable (reaffirmed) Short term rating - CRISIL A1+ (reaffirmed)Rs 100 crore non convertible debentures - CRISIL AA-; Stable (assigned) Rs 100 crore commercial paper - CRISIL A1+ (assigned)   Powered by Capital Market - Live News

Transrail Lighting has secured new orders aggregating to Rs 2,350 crore, primarily in the domestic T&D segment along with a Civil order and select wins in Poles & Lighting. With these additions, the Company`s cumulative order inflows for FY26 have crossed Rs 7,980 crore, reflecting strong and sustained momentum across its core business segments. The Company also holds an L1 position of over Rs 800 crore and maintains a healthy bidding pipeline across both domestic and international markets. Strong orderbook and bidding pipeline strengthens growth outlook for the Company.Powered by Capital Market - Live News