Oriental Rail Infrastructure Secures Rs. 2.55 Crore Railway Order
Filing Summary
Oriental Rail Infrastructure Ltd announced that its wholly-owned subsidiary, Oriental Foundry Private Limited, has received an order valued at approximately Rs. 2.55 crore from North Western Railway. The order involves the manufacture and supply of 726 Coupler Body with Shank Wear Plates for wagons. The contract specifies a payment structure of 95% against receipt challan and the remaining 5% against Receipt Note, or 100% against Receipt Note. The order is to be executed by November 30, 2026. This transaction does not involve any related party interests.
Oriental Rail Infrastructure Ltd has disclosed that its wholly-owned subsidiary, Oriental Foundry Private Limited, has secured an order from North Western Railway. The order, valued at approximately Rs. 2,55,45,136, is for the manufacture and supply of 726 Coupler Body with Shank Wear Plates for wagons. This development was communicated in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The order outlines specific payment terms, with 95% of the payment to be made against receipt challan and the remaining 5% against Receipt Note, or alternatively, 100% payment against Receipt Note. The contract is classified as a domestic order and is expected to be fulfilled by November 30, 2026. The order was awarded through North Western Railway’s E-Tender No. 37253045.
There are no related party transactions involved in this order, and the promoter or promoter group does not have any interest in the entity awarding the contract. The order is a domestic transaction, emphasizing the company’s engagement with Indian Railways.
North Western Railway is a zone of Indian Railways, responsible for rail operations in the northwestern region of India. It plays a crucial role in facilitating transportation and logistics across its network, contributing to the efficiency of the rail system in the region.
Oriental Rail Infrastructure Ltd focuses on manufacturing and supplying railway components and infrastructure solutions. The company prioritizes expanding its product offerings and enhancing its capabilities to meet the demands of the railway sector. It continues to engage in strategic transactions to strengthen its position in the industry.