TITAGARH NSE filing

Titagarh Rail Systems Receives ₹2481 Crore Order from MMRDA

The RealCase readHigh impact Positive

Titagarh Rail Systems bags ₹2481 Crore order from MMRDA for Mumbai Metro Line 5, involving design, manufacture, supply, installation, testing, and commissioning of various systems.

Why it matters

A large order of ₹2481 Crores is likely to have a significant positive impact on the company's revenue and future prospects.

The market read

The announcement of a significant order win worth ₹2481 Crores is positive news for the company.

* Titagarh Rail Systems has received a Letter of Acceptance (LOA) from Mumbai Metropolitan Region Development Authority (MMRDA) on 31st October 2025. * The order is for Design, Manufacture, Supply, Installation, Integration, Testing and Commissioning of Rolling Stock, Communication based Signalling & Train Control, Telecommunication, Platform Screen Doors Systems and Depot Machinery & Plant for Mumbai Metro Line 5 (Phase 1 & Phase 2). * The order includes 5 years of Comprehensive Maintenance after a 2-year Defect Liability Maintenance Period. * The total value of the order is ₹2481 Crores, inclusive of all taxes, levies, duties, fees, insurance, freight, loading, unloading, and deposits, excluding GST and Custom duty. * The project execution timeline includes: Revenue Operation Date (ROD) for Phase 1 in 108 weeks, ROD for Phase 2 in 200 weeks and GOA-4 Commissioning in 217 weeks. * Comprehensive Maintenance Period – 7 years from the date of commissioning in GOA -2 (ATO) of Phase - I, including Defects Liability Maintenance Period (DLMP) and “Operation Service” Period of Phase -1 & Phase -2.

Filing to action

What to do with a filing like this

TITAGARH RAIL SYSTEMS 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 high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by TITAGARH RAIL SYSTEMS LIMITED. Read the original for the full detail.

View original filing