Airfloa Rail Technology Limited has scheduled a board meeting for May 30, 2026, to consider and approve the audited standalone and consolidated financial statements for the half-year and year ended March 31, 2026. The meeting will be conducted in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable laws.

The Board of Directors will review the financial performance of the company for the specified periods. The approval of these financial statements is a mandatory disclosure requirement for listed entities.

Meeting Details

The Audit Committee and other committee meetings are scheduled to be held prior to the board meeting to review the financial statements and other matters.

Haraprasad Rout, Company Secretary and Compliance Officer, signed the intimation on May 26, 2026.

Airfloa Rail Technology Limited has announced that it has received a new order worth ₹2.68 Crores from the Indian Railways. The order was awarded by the Furnishing Division of Integral Coach Factory, Chennai, on May 19, 2026. The contract pertains to the domestic market and involves the supply and installation of interior panelling for railway coaches.

Order Details

The scope of the contract includes the supply and installation of 38 sets of panelling for inside walls, partitions, and roofs. The execution timeline varies for different items, with the minimum completion time set at one and a half months and the maximum completion time within six months.

Contract Terms

The order is subject to the Indian Railways Standard Conditions of Contract and General Conditions of Contract for the Stores Department of Indian Railways. The contract will be governed by the latest version of the Indian Railway Stores (IRS) conditions of contract. Inspection of the goods will be conducted by a third-party agency.

Payment Structure

The payment terms are structured based on the progress of the supply and installation. Up to 80% of the payment for the supply portion will be released upon the submission of the inspection certificate and Provisional Physical Receipt Certificate. The remaining 20% of the supply payment, along with 100% of the installation charges, will be paid after the receipt and acceptance of stores by the consignee, based on the installation certificate issued by the competent authority.