Titagarh Rail Systems Ltd receives LOA from Indian Railways

Titagarh Rail Systems Limited has received a Letter of Acceptance (LOA) dated 17th December, 2025 and secured its first order under the Safety and Signalling Systems from Indian Railways for the Design, Manufacture, Supply, Testing and Commissioning of Rail Borne Maintenance Vehicles (RBMV), including training of Indian Railways personnel and servicing and breakdown maintenance.

The RBMV is a specialised, self-propelled on-track maintenance machine engineered for efficient inspection, maintenance and restoration of railway infrastructure. The machine integrates advanced mechanised systems for track maintenance, overhead equipment (OHE) works, and allied activities, enabling enhanced operational safety, precision, reliability and asset availability across the rail network.

This maiden order marks a significant strategic milestone for TRSL, signalling the Company's successful entry into a high-value, technology-driven and safety-critical segment. The order aligns with Indian Railways' focus on mechanisation, safety enhancement and modernisation of maintenance practices, and reinforces TRSL's expanding capabilities beyond rolling stock manufacturing into integrated raili safety and maintenance solutions.

The order is valued at ₹273.24 Crores (incl. of GST).

Shares of Titagarh Rail Systems Limited was last trading in BSE at Rs. 774.80 as compared to the previous close of Rs. 789.65. The total number of shares traded during the day was 18604 in over 891 trades.

The stock hit an intraday high of Rs. 794.75 and intraday low of 770.00. The net turnover during the day was Rs. 14505445.00.

Source : Equity Bulls

Keywords

TitagarhRailSystems INE615H01020 OrderWin LoA