Oriental Foundry Private Limited, a Wholly-Owned Subsidiary of the Company secures order
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's wholly-owned subsidiary, Oriental Foundry Private Limited, has won an order worth Rs. 6.17 crore from South East Central Railway (Indian Railways). The order is for the manufacture and supply of 1,640 Upgraded High-Capacity Draft Gears for BOXNHL/BCNHL wagons. The work must be completed by October 31, 2026, with 100% payment against online CRN. The order is domestic and not a related party transaction.
This is a modest government-sector order that adds to the subsidiary's order book and provides revenue visibility through October 2026. Positive for operational continuity, though the size is relatively small for the parent company's overall scale.