
Business Update22 Jul 2026, 01:44 pm
Oriental Rail Infrastructure Secures ₹3.36 Cr Order from Indian Railways
AI Summary
Oriental Rail Infrastructure Limited has announced the receipt of a significant order valued at ₹3,36,30,000.00 from Modern Coach Factory (MCF), Raebareli, Indian Railways. The order entails the in-house manufacturing of 50 sets of seats and berths for LWS(DDG) coaches. The contract specifies delivery to MCF, with payments based on satisfactory execution and completion of work as per the contract terms. The execution period for this order is set to conclude by March 02, 2027. This order is classified as a domestic entity award and does not involve any interest from promoters or group companies, nor does it fall under related party transactions.
Key Highlights
- Secured a ₹3.36 Crore order from Indian Railways' Modern Coach Factory.
- Order involves manufacturing 50 sets of seat & berth for coaches.
- Execution deadline is March 02, 2027.
- Transaction is with a domestic entity and not a related party deal.
Price Impact
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