Disclosure under Regulation 30 of SEBI LODR, 2015 for securing order worth Rs 1.50 crores from ICF, Chennai, Indian Railways
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Oriental Rail Infrastructure has secured an order valued at Rs. 1,50,37,920 (approx. Rs. 1.50 crores) from Integral Coach Factory (ICF), Chennai, a unit of Indian Railways. The order is for supply and installation of 18 sets of coach seats and berths for LWSCWAC/EOG coaches, with delivery to be made to ICF's Furnishing Depot in Chennai. The execution timeline is short, with completion required by June 21, 2025. Payment terms involve 90% on inspection and balance 10% along with installation charges after acceptance. The order is domestic with no related party involvement.
This is a small-sized, routine order from a regular government client (Indian Railways) and is positive for order book continuity but not material enough to move the stock significantly on its own.