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
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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.