Oriental Rail Subsidiary Secures Rs. 2.93 Crore Southern Railway Order
Filing Summary
Oriental Foundry Private Limited, a wholly-owned subsidiary of Oriental Rail Infrastructure Ltd, has secured an order from Southern Railway valued at Rs. 2,93,86,602. The order involves the manufacture and supply of 826 Coupler Body with Shank Wear Plates. Payment terms include 95% upon inspection and the remaining 5% after acceptance by the consignee. The contract is domestic and must be completed by September 30, 2026. There is no related party transaction involved. This update follows the company’s previous communication dated August 22, 2025.
Oriental Foundry Private Limited, a wholly-owned subsidiary of Oriental Rail Infrastructure Ltd, has secured an order from Southern Railway for the manufacture and supply of 826 Coupler Body with Shank Wear Plates. The order is valued at Rs. 2,93,86,602. This information is provided in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The order was awarded by a domestic entity, Southern Railway, Indian Railways. The significant terms of the contract specify that 95% of the payment will be made against the inspection certificate, with the remaining 5% payable after the receipt, inspection, and acceptance of the goods by the consignee. The contract is to be executed by September 30, 2026.
The order does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the contract. This update follows a previous communication from the company dated August 22, 2025.
Southern Railway is a zone of Indian Railways, responsible for rail operations in the southern part of India. It focuses on enhancing rail infrastructure and services to improve connectivity and efficiency in the region.
Oriental Rail Infrastructure Ltd specializes in manufacturing and supplying railway components and infrastructure solutions. The company focuses on expanding its product offerings and strengthening its position in the railway sector through strategic contracts and partnerships.