Titagarh Rail Systems Secures INR 537.11 Crore Wagon Supply Order from Adani Cement Group
February 12, 2025 – Titagarh Rail Systems Limited has announced a significant new order from Ambuja Cements Limited and ACC Limited, both part of Adani Cement Limited. The company has received a Letter of Acceptance (LOA) for the manufacture and supply of 16 BCFCM Rake Wagons with BVCM Wagons, valued at approximately INR 537.11 Crores.
Key Highlights of the Order
Order Details:
The contract involves the manufacture and supply of 16 BCFCM Rake Wagons with BVCM Wagons for Adani Cement Limited’s subsidiaries, Ambuja Cements Limited and ACC Limited.
The wagons are designed to support the transportation needs of the cement industry, reinforcing Titagarh’s role in rail infrastructure development.
Financial Significance:
The order value stands at INR 537.11 Crores, representing a substantial addition to Titagarh Rail Systems’ order book.
Execution Timeline:
The project is scheduled to be executed between January 2026 and March 2027.
Clientele:
The LOA was issued by Ambuja Cements Limited and ACC Limited, key subsidiaries of Adani Cement Limited.
Compliance and Transparency:
This announcement complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company has confirmed that this contract does not involve related-party transactions and has been executed at arm’s length.
Official Announcement and Contact Information
Titagarh Rail Systems Limited disclosed this business update to BSE Limited and the National Stock Exchange of India Limited. The information is also available on the company’s website. For any queries, Dinesh Arya, Company Secretary & Chief Compliance Officer, is the designated contact person.
Titagarh Rail Systems’ Growing Presence in Rail Manufacturing
This latest order highlights Titagarh Rail Systems’ strong industry positioning and its expertise in manufacturing specialized wagons for large-scale clients. The company continues to secure high-value contracts, reinforcing its growth trajectory in India’s railway and logistics sector.
