Announced Mon, 10 Nov · 17:09 IST

Oriental Foundry Private Limited, a Wholly-Owned Subsidiary, has secured an order from Western Railway for Yokes

Govt Defence OrderBusiness Updates View source PDF

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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

Wholly-owned subsidiary Oriental Foundry Private Limited has secured an order worth Rs. 1.13 crore (Rs. 1,12,93,662) from Western Railway, a unit of Indian Railways. The order is for the manufacture and supply of 523 Upgraded High Tensile Centre Buffer Couplers (Coupler Yokes) used in freight stock wagons. The contract was won via Western Railway's E-Tender and is to be executed by July 30, 2026, with 100% payment against inspection certificate. The filing notes no related-party interest in the awarding entity.

Likely market impact

The order is a small, domestic, routine rail-supply win from a government buyer and is unlikely to move the stock price materially on its own. It reinforces existing business with Indian Railways and provides modest revenue visibility for the subsidiary through mid-2026.