Airfloa Rail Technology Secures ₹7.33 Crore Railway Order; Shares Fall 5.07%
Airfloa Rail Technology Secures ₹7.33 Crore Railway Order; Shares Fall 5.07%
Google News - TechnologyMumbai, September 28: Airfloa Rail Technology has received a fresh ₹7.33 crore purchase order from Acme India Industries for the supply of specified railway interior items, adding another order to its near-term execution pipeline.
The order was received on September 27, 2026, and the company is required to complete the supply by October 27, 2026, according to its exchange filing.
Airfloa Rail Technology Gets ₹7.33 Crore Order
Acme India Industries Ltd, based in Dwarka, New Delhi, has placed the purchase order for the supply of specific railway interior items. The total value of the domestic order is ₹7.33 crore.
As per the filing, the order is part of Airfloa Rail Technology’s ordinary course of business. The company has also stated that the promoter and promoter group have no interest in the entity awarding the order.
The payment terms provide for payment within 90 days. The company is required to communicate any disagreement with the purchase order within three working days, failing which the terms will be considered accepted.
The Airfloa Rail Technology share price stood at ₹535 as of 9:42 AM IST on September 28, 2026.
Based on the previous close of ₹563.55, the stock was down ₹28.55, or 5.07%, at the time. The shares had opened around ₹553 in the visible session before moving lower towards the ₹535 level.
The decline in the stock was recorded as the company disclosed the new ₹7.33 crore order.
The purchase order was received by the company at 3:30 PM on September 27, according to the regulatory disclosure.
Airfloa Rail Technology has been given a little over a month to complete the supply, with the contractual deadline set for October 27, 2026. The order covers the specific railway interior items mentioned in the purchase order dated September 27.
The company also confirmed that there was no delay in reporting the order to the stock exchanges.
Airfloa Rail Technology operates in the railway products and solutions segment, supplying products used in railway applications.
The latest contract adds ₹7.33 crore to its order pipeline and provides a defined execution schedule through October. The company received the order from a domestic customer and has disclosed it under Regulation 30 of the SEBI Listing Regulations.
Airfloa Rail Technology has secured a ₹7.33 crore domestic purchase order from Acme India Industries for the supply of specified railway interior items. The order is scheduled for completion by October 27, 2026, with payment due within 90 days.
The Airfloa Rail Technology share price was ₹535 as of 9:42 AM IST on September 28, 2026, down 5.07% from the previous close of ₹563.55.
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