Oriental Foundry Wins Rs 29 Million Railway Components Order

01 Dec 2025 CW Team

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.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..