Mumbai, Nov. 25 -- According to the company's exchange filing, the contract involves the manufacture and supply of 826 units of Coupler Body with Shank Wear Plate. The order is valued at Rs 2,93,86,602, with payment terms specifying 95% release against the inspection certificate and the remaining 5% payable upon receipt, inspection and acceptance of the goods by the consignee.

The company further clarified that neither its promoters nor promoter-group members have any interest in the awarding authority, and therefore the transaction does not fall under related-party dealings as per regulatory guidelines.

Oriental Rail Infrastructure is engaged in the manufacturing and supply of several diversified railway products and items for Indian R...