Texmaco Rail & Engineering Limited announced that the Board of Directors of the Company at its Meeting held on 12 May, 2023 approved the recommendation of dividend of 15 (Fifteen) % i.e. INR 0.15 per fully paid-up Equity Share of INR 1 each. The Dividend on Equity Shares on approval at the Annual General Meeting will be credited /dispatched to the Members on or before 30 (thirty) days from the date of AGM.