Oriental Rail subsidiary secures Northern Railway order for freight wagon components
Oriental Foundry Private Limited, a subsidiary of Oriental Rail Infrastructure, has secured an order worth Rs. 3,15,79,632.00 from Northern Railway, Indian Railways. The contract is for the manufacture and supply of 1,416 Upgraded High Tensile Centre Buffer Couplers for freight stock wagons. The order stems from E-Tender No. 09262117.
The domestic order stipulates that 95% of the payment will be made against a receipted challan and inspection certificate, with the remaining 5% paid upon receipt note. The execution of this order is expected to be completed by September 15, 2026.
This announcement follows an earlier communication dated August 22, 2025. Neither the promoter, promoter group, nor group companies have any interest in this transaction, and it does not fall under related party transactions.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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