Airfloa Rail Technology Acquisition Worth ₹48 Cr
Airfloa Rail Technology signed an MOU with KIN Railway Equipment to acquire its business for Rs. 48 Crore, subject to due diligence.
- Value
- ₹48.00 Cr
ALFA Filings
Every announcement, straight from the exchange
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
Time
37 announcements
Airfloa Rail Technology signed an MOU with KIN Railway Equipment to acquire its business for Rs. 48 Crore, subject to due diligence.
The company filed its quarterly shareholding pattern pursuant to Regulation 31(1)(b) of SEBI LODR Regulations for the quarter ended March 31, 2026.
Airfloa Rail Technology Limited secured a Rs. 31.08 Crore work order from Rail Coach Factory, Kapurthala for interior furnishing of Namo Bharat Rapid Rail.
Airfloa Rail Technology Limited will hold its 27th Annual General Meeting on 28th September 2026 via video conferencing. The notice covers standard AGM business and appointments.
Airfloa Rail Technology Limited has submitted its Annual Report and AGM Notice for the financial year 2025-26 to the stock exchange.
Airfloa Rail Technology Limited has received a 'SMERA SME 1' credit rating from the SME Rating Agency of India. This rating indicates the company's high credit worthiness.
Airfloa Rail approved two MOUs for a joint venture with Acme India and exploring the acquisition of KIN Railway, alongside scheduling its 27th AGM.
Airfloa Rail Technology Limited secured a Rs. 1.92 Crore order from Integral Coach Factory, Chennai. The contract involves supply and installation for Kolkata Metro DTC Coaches by November 2026.
Airfloa Rail Technology Ltd has secured a new order worth ₹6.26 Crore from the Integral Coach Factory. The order is for supply and installation of interior components.
Airfloa Rail Technology Limited secured a Rs. 0.71 Crore order from Modern Coach Factory. The contract involves supplying luggage rack modules for railway coaches by November 2026.
Airfloa Rail Technology Limited filed a Monitoring Agency Report from CRISIL regarding the utilization of IPO proceeds for the quarter ended June 30, 2026.
Airfloa Rail Technology reported zero deviation in the utilization of its IPO proceeds for the quarter ended June 30, 2026. The total issue size was Rs. 91.10 Crore.
Airfloa Rail Technology approved the formation of a new subsidiary for defence and aerospace sectors. The board also reviewed the quarterly IPO proceeds utilization and monitoring reports.
Airfloa Rail Technology Limited secured multiple orders from Eastern Railway totaling Rs. 107.42 Lakhs. The contracts involve supplying components for Vande Bharat train sets within 45 days.
Airfloa Rail Technology received revised regulatory orders enhancing penalties for CSR non-compliance. The company intends to challenge these penalties in the High Court of Madras.
Airfloa Rail Technology received an order from the Regional Director, Chennai, enhancing a monetary penalty to approximately ₹1.8 crore regarding CSR transfers.
The Regional Director dismissed Airfloa Rail's appeals and enhanced penalties for delays in transferring unspent CSR funds for FY 2019-20 to 2022-23.
Airfloa Rail Technology Limited has secured a new order worth ₹0.85 Crore from the Integral Coach Factory, Chennai, for supplying modular toilets over eight months.
Airfloa Rail Technology reported record Q1 FY27 revenue of ₹100.7 Crores, a 200% YoY growth. The order book stands robust at ₹433.8 Crores as of June-end.
Airfloa Rail Technology secured a Rs.1.21 Crore order from Indian Railways for 26 sets of panelling. The contract is to be executed within three months.
Airfloa Rail Technology delivered strong FY26 results with 66% revenue growth, driven by railway interiors. Management is diversifying into defense via a JV with Big Bang Boom Solutions.
Airfloa reported strong FY26 revenue growth of 66% YoY at ₹319.6 Cr. Strategy is shifting from component supply to integrated turnkey railway and defense projects.
Non-promoter acquirer Ritu Bapna purchased 21,000 shares of Airfloa Rail Technologies Ltd via the open market. The transaction increases the acquirer's total stake to 5.02%.
Airfloa delivered 66% revenue growth in FY26, though margins contracted significantly due to raw material inflation. The company is pivoting from component supply to integrated engineering platforms.
Airfloa reported stellar FY26 performance with 66% revenue growth and 52% PAT growth, driven by massive expansion in railway and private sector projects.
Airfloa Rail Technology reported zero deviation in the utilisation of its ₹91.10 Crore IPO proceeds. The company confirmed compliance with stated objects as of March 2026.
Airfloa Rail Technology Ltd re-appointed M/s. SVM & Associates as Cost Auditors for FY 2026-27. The appointment is subject to shareholder ratification at the next AGM.
Airfloa Rail Technology Ltd reported revenue from operations of ₹229.1 Cr (+113.5% YoY) and net profit of ₹27.1 Cr (+69.4% YoY) for H2 FY26.
Airfloa Rail Technology approved its FY26 audited financial results and the formation of a new subsidiary. The Board also reviewed IPO fund utilization and appointed cost auditors.
Airfloa Rail Technology Limited secured a ₹2.53 Crore order from Integral Coach Factory for Amrit Bharat coach components. Execution is scheduled within ten months.