Oriental Rail Infrastructure Secures ₹47.71 Crore Order from Central Railways Mumbai

1 min read     Updated on 23 Jan 2026, 11:57 AM
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Overview

Oriental Rail Infrastructure Limited has secured a ₹47.71 crore order from Central Railways, CSMT Mumbai for supply of RDSO-approved vinyl coated upholstery fabric for railway coaching stock. The contract, to be executed by January 22, 2027, features structured payment terms with 100% payment upon delivery or 95% on delivery with 5% balance after acceptance. The domestic order involves no related party transactions and strengthens the company's position in railway infrastructure supplies.

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Oriental rail infrastructure Limited has secured a substantial order worth ₹4,77,09,931.50 from Central Railways, CSMT Mumbai under Indian Railways. The company announced this development on January 23, 2026, in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Order Details and Specifications

The contract involves the supply of RDSO-approved vinyl coated upholstery fabric, specifically artificial leather, for Central Railway coaching stock. This specialized material will be used in railway passenger coaches, highlighting the company's expertise in railway infrastructure supplies.

Parameter: Details
Order Value: ₹4,77,09,931.50
Client: Central Railways, CSMT Mumbai
Product: RDSO-approved vinyl coated upholstery fabric
Application: Railway coaching stock
Execution Timeline: January 22, 2027
Entity Type: Domestic

Payment and Delivery Terms

The order comes with structured payment terms designed to ensure quality delivery and acceptance. The company will receive payment through one of two mechanisms:

  • Option 1: 100% payment upon inspection, delivery, acceptance of stores, and issue of Credit Release Note (CRN)
  • Option 2: 95% payment on delivery against inspection certificate and duly acknowledged E-way challan, with the remaining 5% payable after acceptance of stores and issuance of CRN

Delivery is to be made directly to Central Railway facilities, ensuring seamless integration into their coaching stock requirements.

Corporate Governance and Compliance

The company has confirmed that this order represents a straightforward commercial transaction with no related party implications. There are no promoter, promoter group, or group company interests in Central Railways, ensuring the deal maintains arm's length transaction standards.

Compliance Aspect: Status
Related Party Transaction: No
Promoter Group Interest: No
Transaction Type: Arm's Length
Regulatory Compliance: SEBI Regulation 30

This order reinforces Oriental Rail Infrastructure Limited's position in the railway supply chain, particularly in specialized materials for passenger comfort and safety. The contract duration extending to January 2027 provides the company with a stable revenue stream and demonstrates Central Railways' confidence in their product quality and delivery capabilities.

Historical Stock Returns for Oriental Rail Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
-1.90%-9.73%-3.79%-15.83%-44.77%+186.58%
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Oriental Rail Infrastructure Subsidiary Gets Credit Rating Reaffirmation from CARE Ratings

1 min read     Updated on 09 Jan 2026, 02:08 PM
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Overview

Oriental Rail Infrastructure Limited announced CARE Ratings' reaffirmation of credit ratings for wholly owned subsidiary Oriental Foundry Private Limited on January 08, 2026. Long-term bank facilities of ₹136.00 crores received CARE BBB; Stable rating while short-term facilities of ₹115.50 crores got CARE BBB; Stable/CARE A3 ratings. The company adjusted facility amounts by reducing long-term facilities from ₹173.00 crores and enhancing short-term facilities from ₹55.50 crores.

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Oriental rail infrastructure Limited has informed stock exchanges about the credit rating reaffirmation of its wholly owned subsidiary by CARE Ratings Limited. The company submitted this disclosure to BSE Limited on January 09, 2026, in compliance with SEBI listing regulations.

Credit Rating Details

CARE Ratings Limited issued a press release on January 08, 2026, reaffirming the credit ratings assigned to bank facilities of Oriental Foundry Private Limited, the wholly owned subsidiary of Oriental Rail Infrastructure Limited. The rating agency maintained its assessment of the subsidiary's creditworthiness across both long-term and short-term banking facilities.

The reaffirmed ratings cover the following facilities:

Facilities: Amount (₹ in crores) Rating Rating Action
Long-term bank facilities: 136.00 (Reduced from 173.00) CARE BBB; Stable Reaffirmed
Short-term bank facilities: 115.50 (Enhanced from 55.50) CARE BBB; Stable/CARE A3 Reaffirmed

Facility Amount Adjustments

The rating reaffirmation came with notable changes in facility amounts. Long-term bank facilities were reduced from ₹173.00 crores to ₹136.00 crores, representing a decrease of ₹37.00 crores. Conversely, short-term bank facilities were enhanced significantly from ₹55.50 crores to ₹115.50 crores, marking an increase of ₹60.00 crores.

Regulatory Compliance

Oriental Rail Infrastructure Limited made this disclosure pursuant to Regulation 30 read with Part A of Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company's disclosure demonstrates adherence to transparency requirements for material events affecting subsidiaries. Company Secretary and Compliance Officer Hemali Rachh signed the regulatory filing, ensuring proper corporate governance protocols were followed.

The rating reaffirmation provides stability assurance for Oriental Foundry Private Limited's banking relationships and reflects the subsidiary's maintained creditworthiness in the current financial environment.

Historical Stock Returns for Oriental Rail Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
-1.90%-9.73%-3.79%-15.83%-44.77%+186.58%
Oriental Rail Infrastructure
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1 Year Returns:-44.77%