Announced Wed, 30 Apr · 14:25 IST

Disclosure under Regulation 30 of SEBI LODR, 2015 for securing orders worth Rs 2.46 crores from Integral Coach Factory (ICF), Chennai, Indian Railways

Govt Defence OrderBusiness Updates View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Oriental Rail Infrastructure Ltd has secured an order worth Rs 2.46 crore from Integral Coach Factory (ICF), Chennai, a unit of Indian Railways. The order is for supply and installation of 32 sets of coach chairs, to be delivered to the Furnishing Depot at ICF, Chennai. The company must complete the work by January 31, 2027. Payment terms are standard — 90% of the supply value will be paid on inspection and provisional receipt, while the remaining 10% along with full installation charges will be paid after final acceptance by the consignee. The order is from a domestic government entity and is not a related-party transaction.

Likely market impact

This is a modest but positive order from a credible government buyer (Indian Railways), adding revenue visibility through January 2027. For shareholders, it signals continued business engagement with the railways segment, though the Rs 2.46 crore size is small and unlikely to materially move the stock on its own.