Business Update18 Aug 2026, 01:20 pm
Airfloa Rail Technology Secures ₹70.56 Lakhs Order
AI Summary
Airfloa Rail Technology Ltd has announced the receipt of new orders totaling ₹70.56 Lakhs from Modern Coach Factory (MCF) – Lalganj, Raebareli. The order is for the supply of LUGGAGE RACK MODULES FOR L2CC and is scheduled for completion by November 9, 2026. Payment terms include 95% against inspection and dispatch proof, with the remaining 5% after receipt and acceptance. This domestic order does not involve any interest from promoters or group companies and is considered an arm's length transaction.
Key Highlights
- Received new orders worth ₹70.56 Lakhs from Modern Coach Factory.
- Order is for supply of LUGGAGE RACK MODULES FOR L2CC.
- Delivery to be completed by November 9, 2026.
- Payment terms: 95% on dispatch, 5% after acceptance.
- No promoter or group company interest in the awarding entity.
Price Impact
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