Oriental Foundry Secures Draft Gear Order from Indian Railways
Filing Summary
Oriental Foundry Private Limited, a wholly-owned subsidiary of Oriental Rail Infrastructure Ltd, has secured an order valued at approximately Rs. 6.17 crore from South East Central Railway. The order involves the manufacture and supply of 1640 upgraded high-capacity draft gears for BOXNHL/BCNHL wagons. The contract stipulates 100% payment against online CRN and is to be executed by October 31, 2026. The transaction does not involve any related party interests. This update is in compliance with Regulation 30 of SEBI Listing Regulations.
Oriental Foundry Private Limited, a wholly-owned subsidiary of Oriental Rail Infrastructure Ltd, has secured an order from South East Central Railway, a division of Indian Railways. The order is valued at Rs. 6,17,13,528 for the manufacture and supply of 1640 upgraded high-capacity draft gears for BOXNHL/BCNHL wagons.
The order was awarded through South East Central Railway’s E-Tender No. 03252683A. The significant terms of the contract include 100% payment against online CRN. The order is domestic in nature and is expected to be executed by October 31, 2026. There are no interests from the promoter group or related party transactions involved in this contract.
South East Central Railway is a zone of Indian Railways that focuses on the transportation of goods and passengers across central India. It regularly engages in procurement and contracts to enhance its operational capabilities.
Oriental Rail Infrastructure Ltd specializes in the manufacturing and supply of railway components and infrastructure solutions. The company focuses on expanding its product offerings and securing contracts within the railway sector to strengthen its market position.