Announced Fri, 23 Jan · 11:45 IST

Receipt of order from Central Railways

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

Oriental Rail Infrastructure has secured an order worth Rs. 4.77 crore from Central Railways (CSMT Mumbai, Indian Railways). The order is for the supply of RDSO-approved vinyl coated upholstery fabric (artificial leather) for Central Railway coaching stock. Delivery is to be completed by January 22, 2027, with payment terms of 95% on delivery against inspection certificate and balance 5% after acceptance and issuance of CRN. The order is a domestic government contract with no related party interest involved.

Likely market impact

This is a routine but positive order win from a government client, reinforcing the company's role as a supplier to Indian Railways. The order size of ~Rs. 4.77 crore is modest and unlikely to materially move the stock, but it adds to revenue visibility for the current financial year.