Oriental Rail Infrastructure Limited has secured a substantial order from Indian Railways, marking a significant business development for the company. The order, valued at ₹49.00 crores, was awarded by Integral Coach Factory (ICF), Chennai, and represents a major contract in the railway infrastructure sector.

Order Details and Specifications

The comprehensive contract encompasses manufacturing, supply and installation services for railway infrastructure components. The order details are as follows:

Payment Structure and Terms

The contract features a structured payment mechanism. The payment terms include:

• 90% of the supply portion payable upon proof of inspection certificates and Provisional Physical Receipt Certificate
• Remaining 10% of the supply portion and 100% installation charges released after receipt and acceptance of stores by the consignee, based on installation certificates issued by competent authority

Regulatory Compliance

Oriental Rail Infrastructure Limited disclosed this order receipt in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows SEBI circulars:

• SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
• SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated February 25, 2025

This ensures transparency in material contract announcements.

Business Impact

This domestic order strengthens Oriental Rail Infrastructure's position in the railway sector. The company confirmed that:

• No related party transactions are involved in the contract
• Promoters, promoter groups, or group companies have no interest in the awarding entity, ensuring arms-length transaction compliance

Oriental Rail Infrastructure Limited announced that its wholly-owned subsidiary, Oriental Foundry Private Limited, has secured a substantial order from South East Central Railway. The subsidiary has won a contract worth ₹9.26 crores for manufacturing railway components, marking an important milestone in the company's railway infrastructure business.

Order Details and Specifications

The contract involves the manufacture and supply of 2,460 units of upgraded high-capacity draft gears specifically designed for BOXNHL/BCNHL wagons. The order was awarded by South East Central Railway through their e-tender process numbered 03252683A.

Contract Terms and Timeline

The agreement features 100% payment against online CRN (Consignment Receipt Note). This payment structure provides financial security and ensures smooth cash flow management for the subsidiary during the contract execution period.

The project timeline extends until October 31, 2026, providing Oriental Foundry Private Limited with time to manufacture and deliver the specialized railway components.

Strategic Significance

This order represents a significant addition to Oriental Rail Infrastructure's railway business portfolio through its subsidiary operations. The contract demonstrates the company's capability to secure substantial orders in the Indian Railways procurement system, particularly in the specialized segment of wagon components.

The draft gear components are critical safety and operational elements in railway wagons, used for coupling and buffering between wagons. The "upgraded high-capacity" specification indicates advanced engineering requirements, showcasing the subsidiary's technical capabilities in manufacturing sophisticated railway equipment.

Regulatory Compliance

Oriental Rail Infrastructure Limited disclosed this development in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made on December 23, 2025.