Business Update5 Nov 2026, 09:50 pm
Airfloa Rail Technology Bags ₹4.12 Cr Order from Integral Coach Factory
AI Summary
Airfloa Rail Technology Ltd has announced the receipt of new orders totaling ₹4.12 Crores from the Furnishing Division, Integral Coach Factory, Chennai. The contract involves the design, supply, and installation of interior fittings for one rake set of RVNL Kolkata Metro Coaches, excluding panelling and seats. The order is expected to be completed by February 4, 2027. Payment terms include 80% upon proof of inspection and receipt, with the balance 20% plus installation charges payable after acceptance by the consignee. This domestic order signifies continued business for the company in the rail infrastructure sector.
Key Highlights
- Received new orders worth ₹4.12 Crores from Integral Coach Factory.
- Contract includes design, supply, and installation of metro coach interiors.
- Project completion deadline set for February 4, 2027.
- Payment terms involve phased release of funds.
- Order is classified as a domestic contract.
Price Impact
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