Oriental Rail Infrastructure Limited (ORIL), a well-recognised name in the railway infrastructure segment, has made an official announcement to the Bombay Stock Exchange (BSE) on April 21, 2025, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, disclosing a notable development in the company’s operational journey. As per the regulatory filing, ORIL has secured a significant order worth ₹1,50,37,920 (Rupees One Crore Fifty Lakh Thirty-Seven Thousand Nine Hundred and Twenty only) from the Integral Coach Factory (ICF), Chennai, which functions under the Indian Railways.

This order is in line with ORIL’s consistent performance in delivering specialized rail coach components and infrastructure solutions. The scope of this contract includes supply and installation of 18 complete coach sets of seats and berths tailored for LWSCWAC/EOG coaches, which are typically long-distance express coaches with enhanced passenger amenities.

Key Highlights of the Order:

1. Awarding Entity:
   The order has been placed by the Integral Coach Factory (ICF), Chennai, which is one of the premier production units of Indian Railways known for manufacturing rail coaches of various types.

2. Nature of Work:
   The contract encompasses supply and installation activities for 18 sets of one coach set of seats and berths, specifically designed for the LWSCWAC/EOG category of coaches. These coaches are primarily equipped for air-conditioned environments with power-generation capabilities, thereby requiring high-quality furnishing solutions.

3. Terms and Conditions:
   The company has revealed critical terms associated with the order:

   • Delivery Location: Furnishing Depot/ICF, Chennai.

   • Payment Structure:

     • 90% of the supply cost will be payable upon furnishing the Inspection Certificate and Provisional Physical Receipt Certificate.

     • Remaining 10% of the supply cost and 100% of installation charges will be payable after acceptance by the consignee, based on an Installation Certificate issued by an authorised officer.

4. Timeline for Execution:
   The entire scope of work is to be completed by June 21, 2025, providing Oriental Rail Infrastructure Limited with a focused execution window of approximately two months.

5. Domestic Nature of the Order:
   It has been clearly stated that the order is domestic, and not awarded by any international entity. Additionally, the order does not involve any related party transactions, and the promoter or promoter group of ORIL has no interest in the awarding entity, i.e., ICF Chennai.

Regulatory Context:

This disclosure has been made in accordance with:

• SEBI (LODR) Regulation 30, which mandates companies to report material events promptly.

• SEBI Circular CIR/CFD/CMD/4/2015, dated September 09, 2015.

• Latest SEBI Compliance Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123, dated July 13, 2023, which strengthens reporting obligations for listed companies.

The timely and detailed announcement by Oriental Rail Infrastructure Limited underscores its transparency and commitment to regulatory compliance, as well as its efforts to maintain investor confidence through clear communication.

Strategic Significance:

This order is of moderate scale but high strategic value, as it reaffirms the company’s positioning as a trusted supplier to Indian Railways, especially for coach interiors and critical components. Given the evolving focus of Indian Railways on improving passenger comfort and upgrading coach interiors across the network, contracts like these play a key role in ensuring consistent revenue inflow and sectoral visibility for ORIL.

Moreover, recurring orders from prestigious public sector clients such as Integral Coach Factory enhance Oriental Rail’s credentials for future tendering and bidding opportunities within the broader Indian Railways ecosystem.

Financial Impact and Market Sentiment:

From a financial standpoint, the ₹1.5 crore order may not significantly alter the revenue trajectory of the company in the short term, but it does:

• Strengthen order book stability

• Support continuity of manufacturing and operational workflows

• Provide recurring association with the government sector

Such announcements typically generate positive investor sentiment, especially when they involve core government undertakings. The stock performance of ORIL may reflect this optimism in upcoming trading sessions.

Conclusion:

The latest order secured by Oriental Rail Infrastructure Limited is a reaffirmation of its strong business relationship with Indian Railways, and its capability to deliver high-quality infrastructure components for passenger coaches. With this ₹1.5 crore contract scheduled for completion by June 21, 2025, the company continues to contribute to the nation’s railway modernization efforts while maintaining compliance with SEBI’s transparency norms.

This development, though operationally routine, indicates a healthy and growing pipeline of government-backed projects for the company. It further positions Oriental Rail as a consistent partner in the Indian Railways’ supply chain and enhances its visibility for future orders in the rail infrastructure segment.

As the company executes this order successfully, it is likely to solidify its role further and potentially unlock additional business opportunities in the evolving landscape of India’s transport infrastructure.

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