Key Quantitative Figures
The company has secured an order worth ₹3,63,91,200.00 (Rupees Three Crore Sixty-Three Lakh Ninety-One Thousand Two Hundred only).
Parties Involved
The order was awarded to Oriental Rail Infrastructure Limited by Integral Coach Factory (ICF), Chennai, Indian Railways.
Significant Terms and Conditions
The contract is for the manufacturing, supply, and installation of 40 sets of "one coach set of chairs".
Payment terms are structured as follows: 80% of the supply portion shall be made upon proof of inspection certificate and Provisional Physical Receipt Certificate. The balance payment of 20% of the supply portion along with 100% of the installation charges will be made after receipt and acceptance of stores by the consignee, based on an installation certificate issued by a competent authority.
Order Classification and Timeline
The order was awarded by a domestic entity and is to be executed domestically. The time period for execution is November 08, 2026.
Related Party Disclosure
The company has confirmed that the promoter/promoter group/group companies do not have any interest in the entity that awarded the order. The order does not fall within related party transactions.