Dhara Rail wins Rs 3.69 cr order from Railways

Dhara Rail Projects Limited has secured a significant work order from the Ministry of Railways for the maintenance, stripping, and refitting of electrical items of Non-AC LHB coaches. The contract, valued at ₹3,68,85,549.52 inclusive of GST, was awarded pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.

Order Details

The work order pertains to operations at the CW Shop within the Mechanical Workshop located in Gorakhpur, Uttar Pradesh. The project has a stipulated time period of 24 months. The order was awarded by a domestic entity, specifically the Dy. Chief Electrical Engineer/WS, CW-WSHOP-GKP-ELECTRICAL, N.E. Railway Gorakhpur.

Financial and Contractual Information

The table below outlines the key particulars of the contract as disclosed in the regulatory filing.

Sr. No.	Particulars	Details
1.	Name of the entity	Ministry of Railways, Dy. Chief Electrical Engineer/WS, CW-WSHOP-GKP-ELECTRICAL, MECHANICAL WORKSHOP, N.E. RAILWAY GORAKHPUR, 273012, Uttar Pradesh, India
2.	Entity Type	Domestic
3.	Nature of Work	Maintenance, Stripping & Refitting of Electrical Items of Non-AC LHB Coaches at CW Shop for 02 years in Mechanical Workshop, Gorakhpur
4.	Time Period	24 Months
5.	Order Value	₹3,68,85,549.52 (including GST)
6.	Promoter Interest	No
7.	Related Party Transaction	Not Applicable

Disclosures

The company confirmed that neither the promoter group nor group companies hold any interest in the entity that awarded the order. Furthermore, the transaction does not fall within related party transactions. The intimation was submitted to the National Stock Exchange of India Limited on May 19, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.67%	-8.47%	+4.49%	-23.14%	-23.14%	-23.14%

Dhara Rail Projects Limited has secured a domestic work order from the Ministry of Railways for the stripping and laying of PVC flooring in railway coaches. The order, valued at Rs. 1,22,94,297.30 (Rupees One Crore Twenty Two Lakh Ninety Four Thousand Two Hundred Ninety Seven and Thirty Paise Only), is inclusive of GST. The company disclosed this development on 8th May, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

The work order has been awarded by the Office of the CWM/CW, Perambur, Chennai, 600023, Tamil Nadu, India, operating under the Ministry of Railways. The scope of work involves the stripping and laying of PVC flooring specifically in railway coaches, a specialised maintenance and refurbishment activity within the Indian Railways ecosystem. The order is a domestic contract with a stipulated completion period of 24 months.

The key details of the order, as disclosed in Annexure A pursuant to SEBI Listing Regulations, 2015, are summarised below:

Parameter:	Details
Awarding Entity:	Ministry of Railways, Office of the CWM/CW, Perambur, Chennai, 600023, Tamil Nadu, India
Nature of Entity:	Domestic
Scope of Work:	Stripping and Laying of PVC Flooring in Railway Coaches
Order Value (incl. GST):	Rs. 1,22,94,297.30
Time Period:	24 Months
Related Party Transaction:	Not Applicable
Promoter/Group Interest in Awarding Entity:	No

Regulatory Compliance

The intimation was made in accordance with Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Circular SEBI/HO/CFD/CFD-Pod-1/P/CIR/2023/123 dated July 13, 2023. The disclosure confirms that neither the promoter nor the promoter group nor any group companies hold any interest in the entity that awarded the order. The contract does not fall within the purview of related party transactions. The announcement was signed by Tejas Lalit Mehta, Managing Director of Dhara Rail Projects Limited.