Airfloa Rail Technology Secures ₹ 1.25 Crores New Order from Rail Coach Factory
Airfloa Rail Technology Ltd, which was formerly known as Airflow Equipments India Pvt Ltd, announced on April 10, 2026, that it has secured a new order valued at ₹ 1.25 Crores. The contract was awarded by Rail Coach factory, Kapurthala, 144602.The domestic order pertains to the supply of a Set of Luggage Rack Modules for LHB NON AC & AC CHAIR CAR COACHES. This material is to be supplied as per the list detailed in the purchase order.
The total consideration for this new order is ₹ 1.25 Crores. Airfloa Rail Technology Ltd noted that the execution of the order is required within a period of four months.
Contract Details Summary
The awarded order includes specific terms and conditions, which are subject to Indian Railways Standard Conditions of Contract (Latest Edition) and General Conditions of Contract for the Stores Department of Indian Railway, along with any addendum.A summary of the key details from the contract awarding process is provided below:
| Detail | Information Provided |
|---|---|
| Awarding Entity | Rail Coach factory, Kapurthala, 144602 |
| Nature of Order | Domestic order for supply of Set of Luggage Rack Modules for LHB NON AC & AC CHAIR CAR COACHES |
| Order Value | ₹ 1.25 Crores (Total Value) |
| Award Type | Domestic Entity |
| Execution Timeline | Completion within a period of four months |
| Date of Receipt | April 10, 2026 (Through Email) |
The payment terms stipulated in the contract mandate that 95% payment is against an inspection certificate issued by the nominated inspection agency, along with proof of dispatch or delivery to the consignee. The remaining 5% is payable after the goods are received, inspected, and accepted by the consignee.
The company noted that there is no interest of the Promoter/Promoter Group/Group Companies in the entity that awarded the contract, and the order does not fall under related party transactions.
Stock Price Movement
Airfloa Rail Technology Ltd shares concluded Friday's session at ₹332.10, finishing up 3.60% for the day. Throughout the trading day, the stock moved between an intraday low of ₹325.00 and a peak of ₹345.00.Source:
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