BSECompany Update13 Oct 2026 · 13 Oct 2026, 12:07 am
Press Release with regard to receiving of LOA as a lead member of Consortium.
Airfloa Rail Technology Ltd · 544516
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Airfloa Rail Technology Ltd has received a ₹34.85 crores contract from Integral Coach Factory, Chennai, as the lead member of a consortium with Italy-based BLUE Engineering S.r.l. for interior design of the Vande Bharat sleeper trainset.
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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:13/10/2026
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 receiving of LOA from Integral
Coach Factory (ICF), Chennia, as the lead member of a consortium with Italy-based company
BLUE Engineering S.r.l. for interior design of the Vande Bharat sleeper trainset
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-led consortium secures ₹34.85 crores
contract for Vande Bharat sleeper trainset interior design
Awarded by Integral Coach Factory, Chennai, the contract, inclusive of GST, covers interior design
of Vande Bharat sleeper trainset and associated development work
Chennai, India - October 13, 2026: Airfloa Rail Technology Limited ("Airfloa" or "the Company"), a
leading engineering and manufacturing company serving railway, metro and aerospace & defense
sectors, has been awarded a contract by Integral Coach Factory (ICF), Chennia, as the lead member
of a consortium with Italy-based BLUE Engineering S.r.l. for interior design of the Vande Bharat sleeper
trainset. Airfloa becomes the first Indian company to secure an interior design contract of this scale
in the history of Indian Railways. As the lead member of a consortium with Italy-based BLUE
Engineering S.r.l., the Company will undertake the interior design of the Vande Bharat sleeper
trainset, further strengthening its presence in India’s railway sector.
Contract scope and execution
The ₹34.85 crores contract comprises two key components covering the interior design of the
Vande Bharat sleeper trainset and associated development work
Interior Design: Comprehensive interior design of the Vande Bharat sleeper trainset,
accounting for ₹30.93 crores of the total contract value
Associated development work: The additional development component specified in the
contract, valued at ₹3.93 crores
The entire scope is scheduled to be completed within 12 months from the date of issuance of the
Letter of Acceptance
Expanding Airfloa’s role in railway engineering
The contract represents a step forward in Airfloa’s participation in specialised railway projects,
extending its engagement into interior design and associated development for a major passenger rail
programme. The award reinforces three strategic priorities for the Company:
Building on its established railway interiors, seating and furnishing activities, the assignment
expands the scope of work undertaken by Airfloa within the railway sector
The contract strengthens Airfloa’s engagement with Integral Coach Factory, Chennai, and
provides an opportunity to demonstrate its capabilities in a technically specialised project
The award aligns with Airfloa’s focus on strengthening its core railway business through
technical execution, quality and participation in specialised engineering assignments
Through this consortium-led engagement, Airfloa aims to build on its existing railway capabilities and
further develop its position in the engineering and design dimensions of the sector
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
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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