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Pyrifera Investment Advisors

17th Dec · SEBI-Registered Analyst

Titagarh Rail Systems Secures ₹273 Crore RBMV Order, Enters Safety & Signalling Segment

Titagarh Rail Systems Limited has won a ₹273.24 crore order from Indian Railways for the design, manufacture, and supply of 62 Rail Borne Maintenance Vehicles (RBMVs)—marking its strategic entry into the Safety and Signalling Systems segment. This maiden contract highlights the company’s diversification beyond rolling stock into high-tech, safety-critical rail infrastructure. The self-propelled RBMVs will enable mechanised maintenance of tracks and overhead equipment, enhancing operational efficiency, precision, and network reliability. The scope includes training for railway personnel and comprehensive servicing support. Deliveries will begin within 15 months, with full completion in 48 months. Compliant with SEBI LODR norms and free from related-party involvement, this win underscores Titagarh’s growing engineering capabilities and aligns with Indian Railways’ modernisation and safety upgrade initiatives. It positions the company for future opportunities in India’s expanding rail tech ecosystem.

TITAGARH

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