Oriental Rail Subsidiary Secures Rs.1.73 Crore Order from Western Railway
Filing Summary
Oriental Foundry Private Limited, a wholly-owned subsidiary of Oriental Rail Infrastructure Ltd, has secured an order valued at Rs.1,73,55,523 from Western Railway. The order involves the manufacture and supply of 1934 knuckles for upgraded high tensile centre buffer couplers used in freight stock wagons. The contract specifies a payment structure of 95% against E-way receipted challan and the remaining 5% upon acceptance of stores and issuance of a receipt note. The order is to be executed by July 31, 2026, and does not involve any related party transactions.
Oriental Foundry Private Limited, a wholly-owned subsidiary of Oriental Rail Infrastructure Ltd, has secured an order from Western Railway valued at Rs.1,73,55,523. The order pertains to the manufacture and supply of 1934 knuckles for upgraded high tensile centre buffer couplers, which are used in freight stock wagons.
The contract specifies that 95% of the payment will be made against an E-way receipted challan, with the remaining 5% payable upon acceptance of the stores and issuance of a receipt note. The order is to be executed by July 31, 2026.
The order was awarded by a domestic entity, Western Railway, under the Indian Railways. The contract does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the contract.
Western Railway is a division of Indian Railways, responsible for the operation and maintenance of rail transport in the western region of India. It regularly engages in procurement activities to enhance and maintain its rail infrastructure.
Oriental Rail Infrastructure Ltd focuses on providing infrastructure solutions for the railway sector. The company is involved in the manufacturing and supply of railway components, aiming to support the modernization and efficiency of rail transport systems.