Munish Forge Limited Secures Developmental Order worth Rs. 63,33,520.20 from Ministry of Railway
Munish Forge Limited has secured a significant developmental order for the supply of Axle Box Housing valued at Rs. 63,33,520.20. The contract was awarded by Integral Coach Factory, which operates under the Ministry of Railway, Government of India. This orderment reinforces Munish Forge’s presence within the railway ecosystem.The deal involves supplying Axle Box Housing to the state-owned entity. Key details of the order include a warranty period of 30 months from the date of delivery. The contract mandates execution by 30/09/2027, as specified in the Letter of Acceptance.
As per the transaction details, the client is an Indian domestic entity. Munish Forge Limited confirmed that there are no interests of the company or its promoter group in the awarding entity, nor will the transaction fall under a related party agreement.
The contract highlights the following material terms:
| Particulars | Details |
|---|---|
| Client Entity | Integral Coach Factory, Ministry of Railway, Government of India |
| Product Supplied | Axle Box Housing |
| Order Value | Rs. 63,33,520.20/- |
| Delivery Deadline | 30/09/2027 |
| Warranty Period | 30 months from the date of delivery |
The company stated that it does not anticipate any material impact on its operations or financial performance following this orderment.
MUNISH Stock Price Movement
Shares of Munish Forge Limited slipped by 1.43% to close at ₹86.00 on Wednesday, down from the previous day's closing price. The stock saw a traded volume of 67,200 shares during the session.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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