Deals20 Aug 2025, 04:01 pm
Jupiter Wagons' Subsidiary Secures Vande Bharat Train Wheelset Supply Contract Worth Rs. 215 Crores
AI Summary
Jupiter Wagons Ltd is excited to announce that its material unlisted subsidiary, Jupiter Tatravagonka Railwheel Factory Private Limited, has received a Letter of Intent (LOI) dated 19th August 2025, for the supply of a total of 5,376 wheelsets for Vande Bharat Trains. The order is valued at approximately Rs. 215 crores.
Key Highlights
- Jupiter Tatravagonka Railwheel Factory Private Limited received LOI for Vande Bharat Train wheelsets supply
- Contract worth approximately Rs. 215 crores
- Supply of 5,376 wheelsets in total
- LOI dated 19th August 2025
- Jupiter Wagons Ltd announces the deal as compliance under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended