Announced Fri, 23 May · 18:59 IST

Receipt of Order from "Integral Coach Factory (ICF), Chennai, Indian Railways"

Govt Defence OrderBusiness Updates View source PDF

Price

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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 Ltd has secured an order worth Rs. 6.57 crore (Rs. 6,57,30,720) from Integral Coach Factory (ICF), Chennai, a unit of Indian Railways. The order is for the supply and installation of 88 sets of coach seats and berths for LSCN/BW2 coaches. Delivery is to be made to the Furnishing Division at ICF, Chennai, with a completion deadline of January 31, 2026. Payment terms include 90% of the supply portion on inspection and provisional receipt, and the balance 10% plus 100% installation charges after final acceptance. The order is domestic and has no related party involvement.

Likely market impact

This is a modest new order from a reputed government client (Indian Railways), adding to the company's order book and providing near-term revenue visibility. However, the size (~Rs. 6.57 crore) is relatively small and is unlikely to materially move the stock unless it signals a larger pipeline of railway orders.