Airfloa Rail Technology Secures Rs 85.07 Lakhs Order from Integral Coach Factory
Airfloa Rail Technology Ltd has secured a new domestic order worth Rs 85.07 Lakhs from the Furnishing Division of Integral Coach Factory, Chennai. The contract was awarded on July 18, 2026.The order is for the supply and installation of seven sets of pre assembled dismantlable FRP Modular Toilet Complying To HL3 As Per En-45545-2 (With Vacuum Bagging /VARTM Process, Stainless Steel Base) For LWFAC Coaches.
Key details regarding the contract include:
- Order Value: Rs 85.07 Lakhs
- Customer: Furnishing Division, Integral Coach Factory, Chennai - 600038
- Nature of Order: Domestic order for supply and installation of FRP Modular Toilet units.
- Execution Period: The contract must be completed within a period of eight months.
Contract Terms and Conditions
The agreement is subject to the Indian Railways Standard Conditions of Contract (Latest Edition) and General Conditions of Contract for the Stores Department of Indian Railway, along with an addendum. Inspection will be performed by a third-party agency.Payment terms are structured as follows: Payment up to 80% of the supply portion will be made upon presentation of an inspection certificate and Provisional Physical Receipt Certificate. The remaining 20% of the supply portion, along with 100% of installation charges, will be paid after the receipt and acceptance of stores by the consignee based on the installation certificate issued by a competent authority.
The order was received via email at 11:06 A.M. on July 18, 2026. Airfloa Rail Technology confirmed that the business is domestic and holds no conflict of interest regarding the awarding entity.
Key Contract Details
| Particulars | Detail |
|---|---|
| Name of Awarding Entity | Furnishing Division, Integral Coach Factory, Chennai - 600038 |
| Nature of Order | Domestic order for supply and installation of 7 sets of pre assembled FRP Modular Toilet Complying To HL3 As Per En-45545-2 (With Vacuum Bagging /VARTM Process, Stainless Steel Base) For LWFAC Coaches |
| Total Contract Value | Rs. 85.07 Lakhs |
| Time Period for Completion | Eight months |
| Payment Structure | Up to 80% on proof of inspection certificate and Provisional Physical Receipt Certificate; Remaining amount along with installation charges upon acceptance based on the installation certificate. |
Stock Price Movement
Airfloa Rail Technology Ltd shares closed at ₹346.00 on Friday, retreating 0.57% in market action. Throughout the trading session, the stock traded within a wide range, with lows reaching ₹333.60 and highs peaking at ₹350.90.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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