Oriental Rail Infrastructure’s subsidiary, Oriental Foundry, has secured an order worth Rs 29 million from Southern Railway for the supply and manufacture of 826 coupler bodies with shank wear plates.

According to the company’s exchange filing, the contract is valued at Rs 29.39 million (Rs 2,93,86,602). Under the payment terms, ninety-five per cent of the amount will be released against the inspection certificate, while the remaining five per cent will be paid after the consignee receives, inspects and accepts the goods.

The order, which falls under domestic procurement, is scheduled for execution by 30 September 2026. The company also confirmed that the promoter group has no interest in the order and that the contract does not involve any related-party transactions.

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Following the announcement, shares of Oriental Rail Infrastructure closed marginally higher at Rs 153.60. However, the stock has declined by nearly nine per cent over the past five trading sessions.