CONCOR Secures ₹89.09 Crore Wagon Supply Order from Eastern Railway
Container Corporation of India (CONCOR) has secured an order from Eastern Railway for the supply of 12 rakes of BLSS wagons with Brake Van (BVCM). The value of the order is ₹89.09 crores, including GST. This is a domestic contract with no promoter or group company interest.
The order value of ₹89.09 crores is significant and contributes to the company's revenue, indicating a medium impact on its business operations.
The announcement details a new order secured by CONCOR, which is a positive development for the company's business.
Container Corporation of India Limited (CONCOR) has announced the awarding of a significant order to supply 12 rakes of BLSS wagons with Brake Van (BVCM). The order has been placed by the Chief Workshop Manager, Jamalpur locomotive Workshop, Eastern Railway, located in Munger, Bihar.
The commercial consideration for this contract amounts to ₹89.09 crores, inclusive of GST. The order is awarded to a domestic entity, and CONCOR has confirmed that neither the promoter nor any group companies have an interest in the awarding entity. This transaction does not fall under related party transactions.
CONCOR, a Navratna CPSE of the Government of India, operates as a multi-modal logistics company. The company's registered office is located in New Delhi.
What to do with a filing like this
Container Corporation of India Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Container Corporation of India Limited. Read the original for the full detail.