Oriental Rail Infrastructure Limited has successfully secured a new order worth ₹2,46,49,614.72 from Integral Coach Factory (ICF), Chennai, a division of Indian Railways. The official disclosure was made on April 30, 2025, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order pertains to the supply and installation of coach chairs, which is a critical component in the upgrade of passenger coaches under Indian Railways' modernization program.

Details of the Work Order:

• Client: Integral Coach Factory (ICF), Chennai, Indian Railways

• Nature of Work: Supply and Installation of 32 sets of one coach set of chairs

• Order Value: ₹2,46,49,614.72 (Rupees Two Crore Forty-Six Lakhs Forty-Nine Thousand Six Hundred Fourteen and Seventy-Two Paise)

• Delivery Location: Furnishing Depot/ICF, Chennai

• Project Duration: Completion by January 31, 2027

• Payment Terms: 90% payment upon proof of inspection and provisional receipt; 10% balance along with 100% installation charges upon acceptance and installation certification.

• Domestic Order: The contract has been awarded by a domestic entity, Indian Railways.

• Related Party Transactions: No related-party transactions involved, and the contract is executed at arm’s length.

This contract represents an important milestone for Oriental Rail Infrastructure, expanding its footprint in the rail infrastructure segment. The company will be responsible for delivering and installing 32 sets of chairs that will be used in Indian Railways coaches. These chairs are essential for ensuring passenger comfort and improving the overall quality of services provided by the Railways.

Regulatory Compliance and Disclosure

As per SEBI's Regulation 30, the company has made a timely disclosure of the contract's specifics, including terms, payment structure, project timeline, and no conflict of interest. The SEBI circulars dated September 9, 2015, and July 13, 2023, mandate the submission of such disclosures for transparency and investor protection, which Oriental Rail has complied with.

The order will be executed over a period with milestone-based payments. The first 90% of the order value will be received on providing the inspection certificate and provisional physical receipt. The remaining 10% will be paid upon receiving the installation certificate from the relevant authorities.

About Oriental Rail Infrastructure Limited

• Corporate Identity Number (CIN): Not provided in this filing

• Registered Office: As per company records

• Company Type: Public Limited

• Website: Not provided

Oriental Rail Infrastructure is a prominent player in the railway infrastructure sector, focusing on providing integrated solutions for various rail-related needs. This includes track laying, signaling, station development, and passenger amenities like coach furniture and fittings. The company has established strong partnerships with Indian Railways and continues to be a preferred supplier for various rail projects across the country.

Project Relevance and Market Impact

The ₹2.46 crore order underscores the growing role of private players in fulfilling Indian Railways’ requirements for modernized coach equipment. The integration of comfortable and durable coach seating is a priority for Indian Railways as it strives to provide better travel experiences to millions of passengers.

Moreover, the Chennai-based Integral Coach Factory is a major hub for coach manufacturing, and securing this order further solidifies Oriental Rail's position as a trusted supplier within the railway sector. The contract will also enhance the company’s financial standing and operational scale, providing new business opportunities in the future.

Strategic Importance

This contract further diversifies Oriental Rail’s project portfolio, marking a strategic entry into the passenger coach furnishing market, which is expected to witness increased demand as part of the Indian Railways modernization program. The Chennai delivery location also positions the company favorably in the South Indian rail market.

Outlook and Future Prospects

With this order, Oriental Rail Infrastructure continues its growth trajectory in the rail infrastructure domain, focusing on large-scale projects that are key to modernizing the Indian rail network. This order is part of a broader trend where private sector participation in rail projects is becoming more prominent, especially with Indian Railways’ ongoing modernization efforts.

As the project progresses, stakeholders and investors will keep a close eye on Oriental Rail's performance, ensuring timely deliveries and high-quality installations. The company's solid track record and commitment to regulatory compliance will continue to drive its success in future endeavors.

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