Oriental Foundry Private Limited, a Wholly-Owned Subsidiary, has secured an order from Northern Railways for Coupler Yokes
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Oriental Foundry Private Limited, a wholly-owned subsidiary of Oriental Rail Infrastructure Ltd, has won an order worth Rs. 3.16 crore (Rs. 3,15,79,632) from Northern Railway, Indian Railways. The order is for the manufacture and supply of 1,416 Upgraded High Tensile Centre Buffer Couplers (Coupler Yokes) used in freight stock wagons, won through Northern Railway's E-Tender No. 09262117. Delivery must be completed by September 15, 2026, with 95% payment on delivery and inspection and the remaining 5% on receipt note. The order is domestic and is not a related-party transaction, with no promoter or group company interest in the awarding entity.
This is a modest, incremental order for the subsidiary that adds to its order book but is unlikely to be a material swing factor for the consolidated company on its own. For investors, it is a positive signal of continued business from Indian Railways, though the size limits its direct impact on the stock.