Oriental Rail Infrastructure Secures Rs. 5.87 Crore Order from Indian Railways.

Oriental Rail Infrastructure Secures Rs. 5.87 Crore Order from Indian Railways

Oriental Rail Infrastructure Limited has secured a significant order worth Rs. 5,87,21,520 (approximately Rs. 5.87 crore) from Integral Coach Factory (ICF), Chennai, Indian Railways. The order involves the supply and installation of 44 sets of seats and berths with hardware for the LWS PP Coach.

Key Highlights:

• Awarded by: Integral Coach Factory (ICF), Chennai, Indian Railways.
• Order Nature: Supply and installation of seating sets for rail coaches.
• Order Value: Rs. 5.87 crore.
• Payment Terms: 90% on inspection certification, 10% after acceptance of goods.
• Execution Deadline: February 22, 2025.
• Promoter/Group Interest: No interest from promoters or related parties.

This order strengthens Oriental Rail Infrastructure’s presence in the domestic rail infrastructure sector. For more details, visit the official document.

About Oriental Rail Infrastructure Limited
The company specializes in supplying and installing infrastructure solutions for Indian Railways, contributing to the modernization and growth of India’s rail network.

Disclaimer:

This article is for informational purposes only and is based on publicly available information disclosed by Oriental Rail Infrastructure Limited. The contents of this article do not constitute financial, investment, or legal advice. Readers should exercise caution and conduct their own research or consult a professional advisor before making any financial or investment decisions. Oriental Rail Infrastructure Limited does not assume responsibility for any decisions or actions taken based on the information provided. The company reserves the right to amend or update this information as necessary. For further details, please refer to the official disclosure linked above.

Disclaimer: This content is written by Chiman Soni, a CS Executive student and founder of Corporate Laws Hub. The information provided herein is for educational and informational purposes only and should not be construed as legal advice or financial advice. While every effort has been made to ensure the accuracy and reliability of the information, readers are advised to consult a qualified legal professional, financial advisor, or refer to authoritative sources for specific legal or financial queries or concerns.