Airfloa Rail Technology re-appoints Cost Auditor for FY27

Airfloa Rail Technology Limited's board re-appointed M/s. SVM & Associates, Cost Accountants, as the Cost Auditor for the financial year 2026-27 during its meeting held on May 30, 2026. The appointment, subject to ratification by shareholders at the ensuing Annual General Meeting, aims to comply with Section 148 of the Companies Act 2013 and Rule 14 of the Companies (Audit and Auditors) Rules, 2014. The firm's remuneration was fixed by the board.

Auditor Profile and Terms

M/s. SVM & Associates, a Cost Accountant firm based in Chennai with registration number 000536, will oversee the cost audit work. Partner T. Vigneshwaran, a Fellow Member of the Institute of Cost and Management Accountants of India (ICMA) with over 20 years of experience, will lead the assignment. The firm's office is located at AP-13, New no. 15, First Sector, 6th Street, K K Nagar, Chennai – 600078.

Particulars	Details
Name of Auditor	M/s. SVM & Associates, Cost Accountants
Firm Registration No.	000536
Period of Appointment	FY 2026-27
Date of Appointment	May 30, 2026
Reason for Appointment	Compliance with Section 148 of Companies Act 2013

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.89%	+3.26%	+5.04%	+1.58%	+19.75%	+19.75%

Airfloa Rail Technology Limited has secured a new order worth ₹2.55 crore from Integral Coach Factory, Chennai, a unit of Indian Railways. The order, received on May 27, 2026, is for the supply and installation of a Coach Set of Roof Assembly for LWS/BW2 (752) Shells featuring FRP panels. This contract reinforces the company's engagement with the domestic railway infrastructure sector.

Order Details and Terms

The order is subject to Indian Railways Standard Conditions of Contract and General Conditions of Contract for the Stores Department of Indian Railways. The delivery mode is specified as road, and inspection will be conducted by a third-party agency. Payment terms stipulate 100% payment against receipt, inspection, and acceptance of material by the consignee at the destination.

Key Contractual Information

Particulars	Details
Client	Integral Coach Factory, Chennai (Indian Railways)
Order Value	₹2.55 Crores
Nature of Order	Supply and installation of Coach Set of Roof Assembly for LWS/BW2 Shells
Execution Period	Within 22 Months
Entity Type	Domestic

The company has been granted an exemption from security money deposit as it is an RCF-approved vendor for specific components, including the set of side wall assembly, lavatory side wall, and roof for LHB coaches. The work order was received via email at 11:15 A.M. on May 27, 2026.

Regulatory Disclosures

The disclosure was made pursuant to Regulation 30 read with Schedule III Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order does not involve any interest from the promoter, promoter group, or group companies in the entity awarding the contract. Furthermore, the transaction does not fall within related party transactions.