Subsidiary Bharat Battery wins small order from North Eastern Railway
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Wholly owned subsidiary Bharat Battery Mfg received a work order from PCMM Office North Eastern Railway to supply low maintenance lead acid batteries (8V 500Ah) for diesel electric loco engines. Domestic order worth Rs 13.31 lakh, with delivery from Oct 2026 to Apr 2027. Not a related party transaction and no promoter interest in awarding entity.
Very small order value, negligible financial impact. Minor positive that subsidiary is securing railway contracts.