BEML Secures Rs. 157 Crore Order for Rail Grinding Machines
Filing Summary
BEML Limited has informed the exchange about securing an order valued at Rs. 157 Crores. The order is for the manufacturing of Switch Rail Grinding Machines. These machines will be supplied to Indian Railways for track maintenance. The order was received from M/s Loram Rail Maintenance India Private Limited. This transaction is part of BEML’s regular business operations. The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015.
BEML Limited has announced the receipt of an order valued at Rs. 157 Crores for the manufacturing of Switch Rail Grinding Machines. The order has been placed by M/s Loram Rail Maintenance India Private Limited. These machines are intended for supply to Indian Railways to assist in track maintenance activities.
The disclosure was made in compliance with Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015. The transaction is categorized as part of the company’s normal business operations.
Loram Rail Maintenance India Private Limited is involved in providing rail maintenance services. The company focuses on delivering solutions that enhance the efficiency and safety of rail operations. It collaborates with various entities to supply equipment and services for rail infrastructure maintenance.
BEML Limited is engaged in the manufacturing of a wide range of products for sectors such as defense, railways, and mining. The company prioritizes expanding its product offerings and enhancing its manufacturing capabilities to meet the demands of its diverse clientele. BEML continues to focus on strategic initiatives that align with its core business objectives.