Business Update27 May 2026, 06:02 pm
Airfloa Rail Tech Bags ₹2.53 Cr Order from Indian Railways
AI Summary
Airfloa Rail Technology Ltd has received a new order worth ₹2.53 Crores on May 27, 2026, from Integral Coach Factory (ICF), Chennai, a unit of Indian Railways. The order pertains to the supply of one coach set of roof, sidewall, and end wall for Amrit Bharat. The order is to be executed within ten months, with payment terms of 100% upon receipt and acceptance of the material at ICF.
Key Highlights
- Airfloa Rail Technology secures ₹2.53 Cr order from Integral Coach Factory, Indian Railways.
- The order involves supplying coach components for Amrit Bharat trains.
- Order execution timeline is set for within ten months.
- Payment terms stipulate 100% payment upon material acceptance at ICF.
- The contract is subject to Indian Railways standard terms and conditions.
Price Impact
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