TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange about Bagging/Receiving of orders/contracts
TITAGARH · price
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Awaiting price reaction for this filing.
Titagarh Rail Systems has received a Letter of Acceptance from Banaras Locomotive Works (a Government of India entity under Indian Railways) for the Complete Shell Assembly of WAG-9HC Locomotives. The order is valued at ₹91.12 crores inclusive of GST. It is a domestic order with execution scheduled to be completed by 31 August 2026. The contract is not a related party transaction, and there is no promoter or group company interest in the awarding entity.
This is a steady order win from a government railway entity, adding to Titagarh's order book in the locomotive segment. Positively reinforces the company's core railway business visibility, though the order size is modest relative to its overall scale.