Airfloa Rail Technology Secures Rs 6.26 Crores Order for Interior Panelling and Floor Cover for Metro Coaches
Airfloa Rail Technology Ltd, formerly known as Airflow Equipments India Pvt Ltd, has secured a new domestic order worth Rs 6.26 Crores. The contract was awarded on August 24, 2026, by the Furnishing Division, Integral Coach Factory, Chennai.The order pertains to the supply and installation of interior panelling and rubber floor cover for Kolkata Metro Tc/Mc Coaches.
The contract details reveal that the order is a domestic business, and the company does not have any interest in the entity that awarded the contract. The total value of the contract is Rs 6.26 Crores.
Key terms and conditions of the contract include the following:
| Aspect | Details |
|---|---|
| Order Value | Rs 6.26 Crores (Total) |
| Client | Furnishing Division, Integral Coach Factory, Chennai |
| Nature of Order | Supply and Installation of Interior Panelling and Rubber Floor Cover |
| Execution Deadline | Completion to be completed on or before November 30, 2026 |
The contract is subject to the Indian Railways Standard Conditions of Contract (Latest Edition) and the General Conditions of Contract for the Stores Department of the Railway and its addenda.
Payment terms for the contract are structured such that up to 80% of the supply portion will be made upon proof of the inspection certificate and Provisional Physical Receipt Certificate. The remaining balance of 20% of the supply portion, along with 100% of the installation charges, will be processed after the receipt and acceptance of the stores by the consignee, based on the installation certificate issued by the competent authority.
Stock Price Movement
As of 10:33, Airfloa Rail Technology Ltd is edging lower today, currently trading at ₹432.00 after a slip of 0.46%. The shares experienced movement throughout the session, finding themselves within an intraday range that spanned from a high of ₹447.00 to a low of ₹427.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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