Cosmic CRF unit gets RDSO approval for railway springs

1 min read     Updated on 07 Jul 2026, 08:12 PM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Cosmic CRF Limited's subsidiary, Cosmic Springs and Engineers Limited, received RDSO prototype approval for Hot Coiled Helical Springs for Freight Stock via Prilika Enterprises Private Limited. The approval permits orders for up to 1,000 wagon sets or 60,000 springs, including 3,000 for field trials. This follows a Business Transfer Agreement dated February 18, 2025, for the acquisition of the Spring Unit.

powered bylight_fuzz_icon
44980923

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

Cosmic CRF Limited’s subsidiary has secured a prototype approval from the Research Designs & Standards Organisation (RDSO) for Hot Coiled Helical Springs for Freight Stock, a move that will enable the company to receive purchase orders for up to 1,000 wagon sets. The approval, granted to Prilika Enterprises Private Limited, covers products conforming to RDSO Specification No. WD-01-HLS-94 (Rev.-5) and is expected to strengthen the business prospects of the railway component manufacturing segment.

The communication dated June 07, 2026, from the Ministry of Railways permits Prilika Enterprises Private Limited to receive orders aggregating up to 60,000 Hot Coiled Helical Springs. This quantity includes 3,000 springs designated for mandatory field trials, subject to the terms and conditions prescribed by the RDSO.

Business Transfer Agreement Details

The approval is material in view of the Business Transfer Agreement (BTA) dated February 18, 2025, executed between Prilika Enterprises Private Limited and Cosmic Springs and Engineers Limited. The agreement involves the acquisition of the "Spring Unit" located at Jalan Complex, which is contingent upon receiving the necessary RDSO approval.

Cosmic Springs and Engineers Limited is a subsidiary of cosmic crf . The completion of this regulatory step allows the transfer of the Spring Unit to proceed, integrating the manufacturing capabilities into the subsidiary's operations.

Order Parameters

The following table outlines the order limits permitted under the prototype approval:

Parameter Limit
Wagon Sets 1,000
Total Springs 60,000
Mandatory Field Trial Springs 3,000

The RDSO approval marks a significant step for the company in the railway sector, enhancing future business opportunities for the supply of critical components to the Indian Railways.

Historical Stock Returns for Cosmic CRF

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+16.63%+20.80%+7.37%-20.90%+418.73%

What is the expected timeline for the completion of the mandatory field trials for the 3,000 springs?

How will the acquisition of the Spring Unit under the Business Transfer Agreement impact Cosmic CRF’s overall production capacity?

What are the potential revenue implications from the maximum permitted order of 60,000 springs?

Cosmic CRF Ltd changes Purvi Birla designation to Non Executive Non Independent Director

1 min read     Updated on 30 Jun 2026, 12:36 PM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Cosmic CRF Limited has changed Mrs. Purvi Birla's designation from Whole-time Director to Non-Executive Non-Independent Director effective July 01, 2026, following a Board meeting on June 30, 2026. The change was based on the recommendation of the Nomination and Remuneration Committee. Birla cited personal and professional commitments for stepping down from the executive role.

powered bylight_fuzz_icon
44348790

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

Cosmic CRF Limited has changed the designation of Mrs. Purvi Birla from Whole-time Director to Non-Executive Non-Independent Director effective July 01, 2026. The Board of Directors accepted the change based on the recommendation of the Nomination and Remuneration Committee. Birla stepped down from her executive role due to personal and professional commitments while continuing to serve on the Board.

The Board meeting was held on June 30, 2026, to consider the request. Mrs. Purvi Birla had submitted a letter dated June 22, 2026, informing the Board of her decision to step down from the position of Whole-time Director. The change in designation is effective from the close of business hours on June 30, 2026, with her new role commencing July 01, 2026.

Mrs. Purvi Birla is a Promoter's Director of the Company and holds a Bachelor's degree in Business Administration from Jadavpur University, Kolkata. She has over six years of experience in business development and administration and currently oversees the business development of the Company. She is the spouse of Mr. Aditya Vikram Birla, Managing Director, and daughter of Mr. Pawan Kumar Tibrewalla, Non-Executive Director.

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details of the change are provided in Annexure I as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026.

Details of Director Change

Sl. No. Details of events Information
1. Name of the Director Mrs. Purvi Birla (DIN 02488423)
2. Reason for change Stepped down from Whole-time Director due to personal and professional commitments.
3. Date of Appointment & Term Effective from July 01, 2026. Liable to retire by rotation.
4. Brief Profile Promoter's Director. BBA from Jadavpur University. Over 6 years of experience in business development and administration.
5. Disclosure of relationships Spouse of Mr. Aditya Vikram Birla, Managing Director. Daughter of Mr. Pawan Kumar Tibrewalla, Non-Executive Director.
6. BSE Circular No. LIST/COMP/14/2018-19 Not debarred from holding the office of Director by SEBI or any other authority.

Historical Stock Returns for Cosmic CRF

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+16.63%+20.80%+7.37%-20.90%+418.73%

Who will assume oversight of business development responsibilities following Mrs. Birla's transition to a non-executive role?

Will the company appoint a new Whole-time Director to fill the executive vacancy, or restructure current responsibilities?

How might this reduction in executive leadership impact the company's operational continuity and strategic decision-making?

More News on Cosmic CRF

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:-20.90%