BSECompany Update1d ago · 4 Sept 2026, 11:14 am
Press Release
Oriental Rail Infrastructure Ltd · 531859
✦ AI Summary▲ PositiveM&A
Oriental Rail Infrastructure Ltd enters into a Technology Development Agreement with UWC's design & engineering arm to design and develop a 25-tonne axle-load bogie and a solid-bottom gondola car, strengthening its technology-led product development and advanced rolling stock capabilities.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Oriental Rail Infrastructure Ltd - 531859 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Attachments (1)
📄pdf
Download →
7b0069f9-ad54-4787-a40b-67c705a45bfb.pdf
View document text
Date: September 04, 2026
Listing Department
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort
Mumbai – 400 001.
Scrip code: 531859
Sub.: Press Release
Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
("SEBI Listing Regulations")
Dear Sir/Madam,
Pursuant to the SEBI Listing Regulations, we hereby submit the enclosed Press Release titled
“ORIENTAL RAIL INFRASTRUCTURE ENTERS INTO TECHNOLOGY DEVELOPMENT AGREEMENT WITH
UWC’S DESIGN & ENGINEERING ARM” for your information and dissemination.
We request you to kindly take the same on record.
Yours truly,
FOR AND ON BEHALF OF
ORIENTAL RAIL INFRASTRUCTURE LIMITED
HEMALI RACHH
COMPANY SECRETARY & COMPLIANCE OFFICER
Encl.: a/a
ORIENTAL RAIL INFRASTRUCTURE LIMITED
Press Release
ORIENTAL RAIL INFRASTRUCTURE ENTERS INTO TECHNOLOGY
DEVELOPMENT AGREEMENT WITH UWC’S DESIGN & ENGINEERING ARM
Mumbai, September 4, 2026: Oriental Rail Infrastructure Limited (“ORIL”), through its wholly owned subsidiary
Oriental Foundry Private Limited (“OFPL”), has entered into a Technology Development Agreement with the All-
Union Research and Development Centre for Transportation Technology (“VNICTT”), the design and engineering
centre of Russia-based United Wagon Company (“UWC”).
Under the agreement, VNICTT will undertake the design and development of a 25-tonne axle-load bogie and a
solid-bottom gondola car, including engineering design, technical documentation and technical support during
testing.
Strategic Significance:
The initiative complements ORIL’s existing capabilities across wagons, bogies and railway components, while
enabling the Company to leverage VNICTT’s specialised expertise in freight wagon and bogie design, further
strengthening its technology-led product development and advanced rolling stock capabilities.
Key Benefits Include:
• Higher Payload: 25-tonne axle-load capability to enable greater payload per wagon.
• Better Efficiency: Potential for improved operating efficiency and lower lifecycle maintenance requirements.
• Broader Portfolio: Development of a solid-bottom gondola car to address evolving freight requirements.
Management Commentary:
Commenting on the development, Mr. Saleh N. Mithiborwala, Chairman, Managing Director and Chief Financial
Officer, Oriental Rail Infrastructure Limited, said:
“The Indian railway sector is witnessing continued modernisation of freight rolling stock, with growing focus on
higher carrying capacity and specialised wagon designs. Our collaboration with VNICTT will provide access to
specialised international expertise in freight wagon and bogie design and support the development of advanced
products for the Indian market.
With the Railway Board encouraging greater industry participation and innovation in wagon design, we believe this
collaboration will strengthen our product capabilities, expand our presence in the freight railway segment and
create long-term value for our stakeholders.”
ORIENTAL RAIL INFRASTRUCTURE LIMITED
Press Release
About Oriental Rail Infrastructure Limited:
A technology-driven railway infrastructure company with 30+ years of experience, founded in 1991, serving Indian
Railways across freight wagons, rail components, rolling stock interiors and smart railway technologies. Through
its integrated manufacturing platform and wholly owned subsidiary, Oriental Foundry Private Limited (OFPL), the
Company offers capabilities across freight wagons, bogies, couplers, draft gears, springs, seats & berths and allied
products.
ORIL operates four manufacturing facilities with annual capacities of 2,400 freight wagons, 3,600 coach sets and
36 lakh metres of rexine. The Company is an RDSO-approved vendor for multiple railway products and has
delivered 4,000+ freight wagons and 40,000+ coach seat & berth sets to date.
The Company is expanding into smart wagon monitoring, next-generation 25T high-axle-load wagons and wagon
leasing through strategic partnerships, strengthening its position as an integrated, technology-led rail freight
solutions provider.
Oriental Rail Infrastructure Limited Stellar IR Advisors Private Limited
Hemali Rachh
Akhilesh Gandhi, CFA | akhilesh@stellar-ir.com
Company Secretary & Compliance Officer
CA Vishwa Shah | vishwa@stellar-ir.com
compliance@orientalrail.co.in
Phone: 022-61389400 Phone: 022-62398024
www.orientalrail.com www.stellar-ir.com
Disclaimer:
Certain statements in this document that are not historical facts are forward looking statements. Such forward-
looking statements are subject to certain risks and uncertainties like government actions, local, political or
economic developments, technological risks, and many other factors that could cause actual results to differ
materially from those contemplated by the relevant forward-looking statements. Oriental Rail Infrastructure
Limited will not be in any way responsible for any action taken based on such statements and undertakes no
obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.