Corporate Actions

Oriental Foundry secures Rs 630.61 crore amended order from Indian Railways for 1,560 BOXNS wagons

28-Oct-26   18:08 Hrs IST

Oriental Rail Infrastructure Limited announced that its wholly-owned subsidiary, Oriental Foundry Private Limited, has received an amended order from the Ministry of Railways (Railway Board), Indian Railways, to manufacture and supply 1,560 BOXNS Wagons, an increase from the previously announced 1,200 units. The total contract value for the amended order is Rs 630,61,39,008/- (Rupees Six Hundred Thirty Crore Sixty-One Lakh Thirty-Nine Thousand and Eight Only), inclusive of GST, with 90% of the cost to be received upon inspection certificate issuance and material delivery, and the remaining 10% after acceptance. The delivery period for the additional 360 BOXNS Wagons is extended up to June 11, 2027.

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