Airfloa Rail Technology secures Rs 2.53 crore order from ICF

1 min read     Updated on 27 May 2026, 09:59 PM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Airfloa Rail Technology Limited secured a ₹2.53 crore order from Integral Coach Factory, Chennai, for supplying coach sets for the Amrit Bharat project. The domestic contract requires execution within ten months, with 100% payment due upon material acceptance.

powered bylight_fuzz_icon
41444950

*this image is generated using AI for illustrative purposes only.

Airfloa Rail Technology Limited has secured a new order worth ₹2.53 crore from the Integral Coach Factory, Chennai, a unit of Indian Railways. The contract, received on May 27, 2026, involves the supply of one coach set comprising roof, sidewall, and end wall for the Amrit Bharat project. This order reinforces the company's engagement with the domestic railway infrastructure segment.

The order is subject to Indian Railways Standard Conditions of Contract and General Conditions of Contract for the Stores Department of Indian Railways. The broad consideration for the contract is fixed at ₹2.53 crore, with payment terms stipulating 100% payment on the receipt note after material acceptance at the Integral Coach Factory. The company is exempted from providing security money as it is an approved regular source of the Rail Coach Factory.

Execution of the order is required within a period of ten months. The mode of despatch for the materials is specified as by road, and inspection will be conducted by a third-party agency. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The filing confirmed that the order has been awarded by a domestic entity and does not involve any related party transactions. There is no interest held by the promoter, promoter group, or group companies in the entity awarding the contract. The work order was received via email at 11:14 A.M. on May 27, 2026.

Key Order Details

Particulars Details
Name of Entity Integral Coach Factory, Chennai- 600038, Indian Railways
Nature of Order Supply of One Coach Set of Roof, Sidewall and End wall for Amrit Bharat
Total Value ₹2.53 Crores
Execution Period Within a period of Ten Months
Payment Terms 100% payment on receipt note after acceptance of material at ICF
Security Deposit Exempted being an approved regular source of RCF

Historical Stock Returns for Airfloa Rail Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-1.82%-0.19%-9.61%-18.18%+9.97%+9.97%

Will this order serve as a catalyst for Airfloa Rail to secure additional contracts within the broader Amrit Bharat project?

How will the 100% payment upon receipt impact the company's working capital requirements and cash flow during the ten-month execution period?

Does the exemption from security deposits indicate a potential shift in Airfloa Rail's status with other Indian Railways units beyond the Rail Coach Factory?

Airfloa Rail Technology
View Company Insights
View All News
like16
dislike

Airfloa Rail Technology board to meet on May 30 to consider FY26 results

0 min read     Updated on 26 May 2026, 09:09 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Airfloa Rail Technology Limited has called a board meeting on 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 complies with Regulation 33 of the SEBI (LODR) Regulations, 2015. Committee meetings will precede the board session.

powered bylight_fuzz_icon
41351035

*this image is generated using AI for illustrative purposes only.

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

Agenda Item Details
Meeting Date May 30, 2026
Purpose Consider and approve audited standalone and consolidated financial statements
Period Half-year and year ended March 31, 2026
Compliance Regulation 33 of SEBI (LODR) Regulations, 2015

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.

Historical Stock Returns for Airfloa Rail Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-1.82%-0.19%-9.61%-18.18%+9.97%+9.97%

What revenue growth trends does Airfloa Rail Technology anticipate for the upcoming fiscal year?

How might the approved financial results influence the company's stock performance and investor sentiment?

Are there any significant capital expenditures or strategic investments planned following the financial review?

Airfloa Rail Technology
View Company Insights
View All News
like16
dislike

More News on Airfloa Rail Technology

1 Year Returns:+9.97%