Oriental Rail Infrastructure Secures Rs. 3.67 Crore Order from Eastern Railway
Filing Summary
Oriental Foundry Private Limited, a wholly-owned subsidiary of Oriental Rail Infrastructure Ltd, has secured an order valued at Rs. 3.67 crore from Eastern Railway. The order involves the manufacture and supply of 4172 knuckles for freight stock wagons. The contract specifies a payment structure of 95% against inspection and receipted challan, with the remaining 5% upon receipt note. The order is to be executed by November 17, 2026. This transaction does not involve any related party transactions or interests from the promoter group.
Oriental Foundry Private Limited, a wholly-owned subsidiary of Oriental Rail Infrastructure Ltd, has secured an order from Eastern Railway for the manufacture and supply of knuckles used in freight stock wagons. The order is valued at Rs. 3,67,35,128 and involves the production of 4172 knuckles for upgraded high tensile centre buffer couplers.
The order was awarded through Eastern Railway’s E-Tender No. 21251382A, which was invited by Indian Railways. The payment terms specified in the contract include 95% payment against the inspection certificate and receipted challan, with the remaining 5% payable against the receipt note. The order is to be executed by November 17, 2026.
The contract is domestic in nature, with no international entities involved. There are no related party transactions associated with this order, and the promoter group of Oriental Rail Infrastructure Ltd has no interest in the entity awarding the contract.
Eastern Railway is a zone of Indian Railways, responsible for the operation and maintenance of railway services in the eastern region of India. It plays a crucial role in the transportation of goods and passengers, contributing to the overall efficiency and connectivity of the railway network.
Oriental Rail Infrastructure Ltd is engaged in the business of manufacturing and supplying railway components and infrastructure. The company focuses on expanding its capabilities in the railway sector, aiming to enhance its product offerings and strengthen its position in the market. It continues to secure contracts that align with its strategic objectives in the railway industry.