Airfloa Rail Technology Limited has disclosed that it has secured a new order worth Rs.92.08 Lakhs from Integral Coach Factory, Chennai. The order was received on May 7, 2026, and the intimation was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

The contract entails the supply and installation of nine sets of Stainless Steel Nose cones for MEMU/DMC/JK(944). The total value of the order is Rs.92.08 Lakhs. The entity awarding the order is the Integral Coach Factory, Chennai – 600038, which operates under Indian Railways. The project is classified as a domestic order and must be executed within a period of twelve months.

Contract Terms and Conditions

The order is subject to the Indian Railways Standard Conditions of Contract (Latest Edition) and the General Conditions of Contract for the Stores Department of Indian Railways. The contract will be governed by the latest version of the IRS conditions of contract, including all correction slips and terms incorporated in the tender documents.

Payment Structure

The payment terms are structured as follows:

• 90% against PRC and IC.
• Balance 10% plus 100% installation charges against Receipt Note and installation certificate issued by a Gazetted Officer of the Mechanical department.

Key Information

The following table summarizes the key particulars of the order:

The company confirmed that the order does not involve any interest from the Promoter/Promoter Group/Group Companies in the entity awarding the contract. Furthermore, the transaction does not fall within related party transactions.

Airfloa Rail Technology Limited has secured a significant new order worth ₹1.25 crores from Rail Coach factory, Kapurthala, as disclosed under Regulation 30 of SEBI Listing Regulations on April 10, 2026. The domestic order represents a notable business development for the Chennai-based railway equipment manufacturer.

Order Details and Specifications

The contract involves the supply of Set of Luggage Rack Modules specifically designed for LHB NON AC & AC CHAIR CAR COACHES. The order details are structured as follows:

Contract Terms and Payment Structure

The order operates under Indian Railways Standard Conditions of Contract with specific compliance requirements. The contract includes third-party inspection protocols to ensure quality standards are met throughout the manufacturing and delivery process.

The payment structure is designed with milestone-based disbursements:

• 95% payment: Against inspection certificate from nominated inspection agency and proof of dispatch/delivery
• 5% balance: After receipt, inspection and acceptance of goods by consignee

Regulatory Compliance

Airfloa Rail Technology Limited confirmed that this order does not involve any related party transactions and operates at arm's length. The company's promoters and group companies have no interest in the awarding entity, ensuring transparent business dealings.

The order falls under domestic procurement with no international components, aligning with the company's focus on serving the Indian railway sector. The four-month execution timeline demonstrates the company's commitment to timely delivery of specialized railway equipment.

Company Background

Formerly known as Airflow Equipments India Pvt Ltd, Airfloa Rail Technology Limited operates from Chennai and specializes in railway equipment manufacturing. The company maintains its listing compliance through proper regulatory disclosures as required under SEBI regulations.