Texmaco Rail & Engineering Ltd

• Approved unaudited Q3 & 9-month financials for Dec 31, 2025 with clean auditor reviews. • Noted no deviation in use of Rs.150 crore preferential issue proceeds. • Board approved variation in fund utilization, pending shareholder nod. • Monitoring agency confirms compliance for fund use.

🔍 Financial Results Approval

• The Board approved unaudited standalone and consolidated financials for Q3 and 9 months ended Dec 31, 2025.
• Statutory auditors issued clean (unmodified) review reports, indicating no significant audit concerns.

💰 Fund Utilization & Variations

• The company raised Rs.150 crore through a preferential issue (private share offering).
• No deviation in fund utilization as confirmed by the monitoring agency.
• Board approved some changes in utilization plans, pending further shareholder approval.

📋 Monitoring & Compliance

• CARE Ratings Limited acts as Monitoring Agency ensuring funds are used as per stated objectives.
• Latest and previous monitoring reports show compliance with the stated use of funds.

📌 What This Means

• Clean audits imply trustworthy financial disclosure.
• No deviation in fund use implies disciplined and transparent financial practice.
• Variation requiring shareholder approval shows governance and procedural compliance.

⚠️ Investor Perspective

This update provides detailed insights into financial reporting and fund monitoring, suggesting financial discipline and good governance, which can be reassuring for investors.