Oriental Rail Infrastructure Secures Rs 17.59 Million Order From ICF
RAILWAYS & METRO RAIL

Oriental Rail Infrastructure Secures Rs 17.59 Million Order From ICF

Oriental Rail Infrastructure has secured an order from Integral Coach Factory, Chennai, a unit of Indian Railways. The company informed the stock exchange that the contract is for manufacturing, supply and installation of 27 sets of one coach set of seats for MEMU/DMC5/3PH, MEMU/DMC6/3PH and MEMU/NDMC2/3PH coaches to drawing number MEMU/DMC5/3PH. The contract was reported under Scrip Code 531859. The order relates to seating solutions for suburban multiple unit coaches used in regional services.

The firm said the contract value is Rs 17.59 million (mn), equivalent to Rs 1,75,86,720, and that delivery is to be made to Integral Coach Factory in Chennai. Payment terms include up to 80 per cent of the supply portion on submission of inspection certificate and provisional physical receipt certificate. The balance 20 per cent of the supply portion and full installation charges will be paid after receipt and acceptance based on an installation certificate issued by the competent authority.

The order was awarded by a domestic entity and is scheduled for execution by November 24, 2026. The company noted that the contract does not involve any interest from promoters or group companies and does not constitute a related party transaction. The issuance said the contract size and terms were disclosed in compliance with regulation provisions of the securities listing rules and relevant SEBI circulars.

Oriental Rail Infrastructure made the announcement through a regulatory filing and identified Hemali Rachh as the company secretary and compliance officer who signed the intimation. The company said the work encompasses manufacturing, supply and installation to the specified drawing and will be carried out under the stated payment schedule. The filing was made to the BSE listing department for the record.

Oriental Rail Infrastructure has secured an order from Integral Coach Factory, Chennai, a unit of Indian Railways. The company informed the stock exchange that the contract is for manufacturing, supply and installation of 27 sets of one coach set of seats for MEMU/DMC5/3PH, MEMU/DMC6/3PH and MEMU/NDMC2/3PH coaches to drawing number MEMU/DMC5/3PH. The contract was reported under Scrip Code 531859. The order relates to seating solutions for suburban multiple unit coaches used in regional services. The firm said the contract value is Rs 17.59 million (mn), equivalent to Rs 1,75,86,720, and that delivery is to be made to Integral Coach Factory in Chennai. Payment terms include up to 80 per cent of the supply portion on submission of inspection certificate and provisional physical receipt certificate. The balance 20 per cent of the supply portion and full installation charges will be paid after receipt and acceptance based on an installation certificate issued by the competent authority. The order was awarded by a domestic entity and is scheduled for execution by November 24, 2026. The company noted that the contract does not involve any interest from promoters or group companies and does not constitute a related party transaction. The issuance said the contract size and terms were disclosed in compliance with regulation provisions of the securities listing rules and relevant SEBI circulars. Oriental Rail Infrastructure made the announcement through a regulatory filing and identified Hemali Rachh as the company secretary and compliance officer who signed the intimation. The company said the work encompasses manufacturing, supply and installation to the specified drawing and will be carried out under the stated payment schedule. The filing was made to the BSE listing department for the record.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Modi Urges End-to-End Reforms for Infrastructure Projects

Prime Minister Narendra Modi on Tuesday called for continuous reforms across all stages of infrastructure project execution during the 53rd PRAGATI meeting. He asked ministries and state governments to adopt an end-to-end approach and a proactive work culture to ensure timely delivery. The meeting reviewed six key infrastructure projects in the railway, road and power sectors across nine states with a cumulative investment of Rs 300 billion (Rs 300 bn). Officials assessed projects on timelines, inter-agency coordination and resolution of pending issues. He said infrastructure projects should b..

Next Story
Infrastructure Transport

GMR Airports Plans US$2 bn Expansion In Delhi And Hyderabad

GMR Airports plans a US$2 billion (bn) expansion of facilities at New Delhi and Hyderabad as part of a major modernisation drive. Hyderabad’s upgraded airport will be able to accommodate about 80 million (mn) passengers a year, more than double its current annual volume of 34 mn fliers. The company is India’s largest airport operator by number of fliers annually, while rival Adani Airport Holdings Ltd is the biggest by number of airports and is reported to be looking to invest US$15 bn to boost passenger capacity over the next five years. Executives indicated the build-outs in New Delhi an..

Next Story
Infrastructure Transport

Mumbai Airport to Demolish Part of Terminal One From 15 January

Adani Group-operated Mumbai International Airport (MIAL) will begin partial demolition of the north section of Terminal one-B at Chatrapati Shivaji Maharaj International Airport from 15 January 2027, according to a letter to the civil aviation ministry. The operator has begun redistributing air traffic to Terminal two and to Navi Mumbai International Airport to facilitate the work. The airport, managed by Mumbai International Airport, currently has a capacity of over 50 million (mn) passengers and handles over 950 flight movements daily. Terminal one is nearly 80 years old and parts of it have..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement