Receipt of Purchase Order of Rs. 3,254.05 lakhs from various Indian Railways Divisions, disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure ....
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Cosmic CRF Ltd has received purchase orders totalling Rs. 3,254.05 lakhs (around Rs. 32.54 crores, inclusive of GST) from seven different Indian Railways divisions. The orders cover wagon components such as CRF sections, body side stanchions, centre sills, and doorway stiffener crossbars for BOXNHL, BOXN, and BVCM wagons. The largest order is from Northern Railway at Rs. 1,178.77 lakhs, followed by Southern Railway at Rs. 574.19 lakhs. All orders are domestic, to be executed within 4 to 6 months, and involve no related party transactions or promoter interest.
This is a sizeable government order win that provides strong revenue visibility for the next 4-6 months and reinforces Cosmic CRF's position as a key supplier to Indian Railways. The order flow is likely to be viewed positively by investors and could support the stock price in the short term.