BSECompany Update10 Oct 2026 · 10 Oct 2026, 08:37 pm

Press Release with regard to Signing of MOU with KTK Group Co. Ltd

Airfloa Rail Technology Ltd · 544516

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Airfloa Rail Technology Limited has signed a Memorandum of Understanding (MOU) with KTK Group Co. Ltd. to strengthen its railway equipment manufacturing capabilities through technology collaboration and domestic production. The proposed collaboration aims to expand Airfloa's manufacturing capabilities in platform screen door systems.

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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10

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Airfloa Rail Technology Ltd - 544516 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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AIRFLOA RAIL TECHNOLOGY LIMITED. (Formerly known as Airflow Equipments India Pvt. Ltd.) To, Date:10/10/2026 BSE Limited Department of Listing Compliances, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400001 ISIN: INE0XBS01012 Scrip Code: 544516 Subject: Submission of press release, under the SEBI (Listing Obligations and Disclosure Requirement), Regulation 2015 Dear Sir / Madam, Pursuant to Regulation 30 read with Schedule III Part A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 (SEBI LODR Regulations), we are submitting the press release with regard to Signing of MOU with KTK Group Co. Ltd. The detailed press release is enclosed herewith. Kindly acknowledge and take the same on records. Thanking you, For Airfloa Rail Technology Limited. Haraprasad Rout Company Secretary and Compliance Officer No.9, Chelliamman Koll Street, Keelkatalai, Chennai – 600117. CIN: L30204TN1998PLC041571, GST No: 33AACCA9641E1ZY E-mail:airflow1998@hotmail.com Mobile:- 9384870774, Website:-www.airflow.co.in AIRFLOA RAIL TECHNOLOGY LIMITED PRESS & MEDIA RELEASE Airfloa Rail Technology signs MOU with KTK Group to strengthen railway equipment manufacturing capabilities Proposed collaboration to expand Airfloa’s manufacturing capabilities in platform screen door systems through technology collaboration and domestic production Chennai, India - October 10, 2026: Airfloa Rail Technology Limited ("Airfloa" or "the Company"), a leading engineering and manufacturing company serving railway, metro and aerospace & defense sectors, has signed a Memorandum of Understanding (MOU) with KTK Group Co. Ltd. to jointly pursue eligible Platform Screen Door (PSD) projects in India. The proposed collaboration is aimed at strengthening Airfloa’s capabilities in railway equipment manufacturing through technology collaboration, domestic production & project execution. The arrangement brings together KTK’s engineering and technical expertise in platform screen door systems with Airfloa’s local project execution capabilities, including project management, installation, testing and commissioning. It also envisages an Indian manufacturing programme led by Airfloa for selected mechanical & electrical components used in full-height platform screen door systems. Strengthening Airfloa’s manufacturing capabilities Airfloa to lead the proposed Indian manufacturing programme for selected mechanical and electrical components of full-height Platform Screen Door (PSD) systems Mechanical components: Fixed door panels, emergency exit doors, fixed screens, columns, base supports and platform escape doors Electrical components: Cables and power supply systems The collaboration aims to strengthen Airfloa’s manufacturing capabilities in specialised railway equipment while advancing domestic localization Combining technology expertise with local execution KTK to provide system design, engineering expertise, proprietary technology, technical documentation and technical oversight for its scope Airfloa to lead domestic manufacturing, local project management, installation, testing, commissioning and customer coordination for its agreed scope Joint participation to pursue eligible PSD projects in India through tender-specific joint ventures, consortiums or other permitted structures, subject to applicable approvals and requirements 01 | Airfloa Rail Technology Limited AIRFLOA RAIL TECHNOLOGY LIMITED PRESS & MEDIA RELEASE About Airfloa Rail Technology Limited: Airfloa Rail Technology Limited (‘Airfloa’ or ‘Company’) is a leading manufacturer of rolling stock components for Indian Railways, with operations spanning key production units including the Integral Coach Factory and other major coach factories. In addition to component manufacturing, the Company executes turnkey interior furnishing projects for Indian Railways and supplies high-precision components to the aerospace and defence sectors. With over 27 years of operating experience, two manufacturing facilities, and two core business verticals, Airfloa has successfully delivered nine marquee turnkey rail projects, including Sri Lankan DEMU and Mainline Export Coaches, Agra–Kanpur Metro, RRTS, Vistadome, and Vande Bharat Express. The Company also caters to global rail OEMs and multiple divisions of Indian Railways. Airfloa’s fully integrated in-house capabilities covering engineering, design, tooling, finishing, material development, and assembly enable end-to-end project execution and reinforce its position as a trusted partner across the railway, aerospace, and defence ecosystems. Contact us: Investor relations consultant Mr. Manikandan Dakshnamoorthy Joint MD NeoAtlas Capital Advisory LLP Airfloa Rail Technology Limited Pranil Pandya cs@airflow.co.in +91 84012 07703 | pranil@atlascapital.in Rutul Shah +91 8200247366 | rutul.shah@atlascapital.in Meeting Request Link Safe Harbour 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. Prime Cable Industries 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. 02 | Airfloa Rail Technology Limited