Airfloa Rail Technology Limited has received a new order worth ₹1.21 crores on July 2, 2026, from the Furnishing Division, Integral Coach Factory, Chennai – 600038 of Indian Railways. The disclosure is made pursuant to Regulation 30 read with Schedule III Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Order Details
- Awarding Entity: Furnishing Division, Integral Coach Factory, Chennai – 600038, Indian Railways
- Order Value: ₹1.21 crores (total value)
- Nature of Contract: Supply and Installation of 26 sets of panelling in side wall, partition and roof
- Execution Timeline: Within three months from order receipt
- Domestic/International: Domestic entity and domestic order
Significant Terms and Conditions
- Governed by Indian Railways Standard Conditions of Contract (Latest Edition) and General Conditions of Contract for the Stores Department of Indian Railway
- Delivery destination: FOR Destination
- Mode of dispatch: By Road
- Inspection agency: Third Party Agency
- Payment Terms: Up to 80% of the supply portion payable upon proof of inspection certificate and Provisional Physical Receipt Certificate; balance 20% of supply portion along with 100% installation charges payable after receipt, acceptance of stores by consignee based on installation certificate issued by competent authority
- Security Money: Exempted as the company is an approved regular source of RCF
- Contract governed by latest version (with all correction slips) of IRS conditions of contract and all other terms in tender documents
Additional Information
- Order received via email on July 2, 2026, at 11:37 AM
- No delay in reporting
- No promoter/promoter group/group companies have any interest in the entity that awarded the order
- The order does not constitute a related party transaction