Deals10 Sept 2025, 07:01 pm
Jupiter Wagons' Subsidiary Secures Rs. 113 Crores Order from Ministry of Railways
AI Summary
Jupiter Wagons Ltd. is pleased to announce that its material subsidiary, Jupiter Tatravagonka Railwheel Factory Private Limited, has received a Letter of Acceptance (LOA) dated September 9, 2025 from Ministry of Railways, Railway Board. The LOA is for the supply of 9,000 LHB Axles for FIAT-IR Bogies, with an aggregate order value of approximately Rs. 113 crores. This information is disclosed as a compliance under Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
Key Highlights
- Jupiter Wagons' subsidiary, Jupiter Tatravagonka Railwheel Factory Private Limited, received a Letter of Acceptance from Ministry of Railways
- The LOA is for the supply of 9,000 LHB Axles for FIAT-IR Bogies
- The total order value is approximately Rs. 113 crores
- This information is disclosed as a compliance under SEBI regulations
- The deal signifies a significant business opportunity for Jupiter Wagons Ltd.