Presstonic Engineering Secures Major Order from Spanish Rail Giant

K N Mishra

    01/Apr/2025

What's covered under the Article:

  • Presstonic Engineering Limited receives an order worth €1.66 million from CAF, Spain, for RENFE High-Speed Trains.

  • The order includes the supply of "Support Kit Structure" for RENFE trains as per specified technical requirements.

  • The total value of the order is €1.66 million (INR 1.54 crore) excluding VAT, under normal business operations.

Presstonic Engineering Limited, a well-established company in the engineering sector, has announced a prestigious order received from CAF (Construcciones y Auxiliar de Ferrocarriles), a Spanish railway giant. The purchase order was confirmed on April 1, 2025, and involves the supply of "Support Kit Structure" for RENFE High-Speed Trains, which will be delivered to Spain.

Details of the Order

The order received by Presstonic Engineering Limited is valued at €1,66,670.92 (approximately INR 1.54 crore), excluding VAT. The purchase order from CAF specifies the technical specifications and the terms and conditions under which the Support Kit Structure will be delivered for the RENFE High-Speed Trains.

This is a significant achievement for Presstonic Engineering and is expected to enhance the company’s profile in the global railway industry.

Business Impact

This order reflects Presstonic Engineering’s commitment to delivering high-quality products that meet international standards. The order from CAF represents a strategic move that could open doors for future collaborations with other international giants in the rail industry. The total value of the order underscores the company’s ability to handle large-scale projects and its growing reputation in the global market.

Order Compliance with SEBI Regulations

As per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this order has been duly disclosed to the National Stock Exchange (NSE) under the symbol PRESSTONIC for the benefit of the investors and stakeholders. This disclosure ensures that Presstonic Engineering adheres to SEBI's requirements for transparency and corporate governance.

Conclusion

Presstonic Engineering’s receipt of this prestigious order marks a significant milestone in the company’s journey, highlighting its growing capabilities and international partnerships. The company is now set to deliver "Support Kit Structure" for RENFE High-Speed Trains, further solidifying its position in the railway engineering sector. As Presstonic Engineering continues to expand, this order may pave the way for future high-profile projects globally.


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