TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange about Bagging/Receiving of orders/contracts
TITAGARH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Titagarh Rail Systems has received a Letter of Intent (LOI) dated March 27, 2026 from JSW Port Logistics Private Limited for the manufacture and supply of 720 wagons. The order is valued at ₹226.35 Crores (excluding GST). The contract is expected to be executed within 6 months from the effective date, subject to the final purchase order. This is a domestic order and there is no related party interest between Titagarh and JSW Port Logistics.
This is a significant new order win for Titagarh Rail Systems, adding ₹226.35 Crores to its order book and reinforcing business momentum in the wagon manufacturing segment. Short-term, it supports revenue visibility; investors should watch for conversion of the LOI into a final purchase order.