Oriental Foundry Private Limited, a Wholly-Owned Subsidiary Company secures order
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Oriental Rail Infrastructure Ltd's wholly-owned subsidiary, Oriental Foundry Private Limited, has won an order worth Rs. 9.26 crore (approximately Rs. 9,25,70,292) from South East Central Railway, a zone of Indian Railways. The order is for the manufacture and supply of 2,460 units of Upgraded High-Capacity Draft Gear for BOXNHL/BCNHL Wagons. The contract is domestic in nature, with 100% payment to be made against online CRN, and must be executed by October 31, 2026. The order was awarded via South East Central Railway's E-Tender (No. 03252683A). There is no promoter or related-party interest in the awarding entity, and the contract is not a related-party transaction.
This is a small-to-moderate order for the subsidiary and represents incremental revenue visibility through October 2026. For retail investors, it reinforces the company's role as a supplier to Indian Railways but the order size is modest and unlikely to move the stock materially on its own.