Oriental Foundry wins Eastern Railway order for freight wagon knuckles
Oriental Foundry Private Limited, a wholly-owned subsidiary of Oriental Rail Infrastructure Limited, has secured an order from Eastern Railway for the manufacture and supply of knuckles for freight stock wagons. The contract, valued at Rs. 3,67,35,127.52, involves 4,172 units of knuckle for upgraded high tensile centre buffer couplers.
The order was awarded through Eastern Railway's E-Tender No. 21251382A and is classified as a domestic transaction. Payment terms stipulate 95% upon inspection certificate and receipted challan, with the remaining 5% against a receipt note.
The execution period for this order extends until November 17, 2026. Oriental Rail Infrastructure confirmed that neither the promoter nor promoter group has 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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