Oriental Rail Infrastructure’s wholly owned subsidiary -- Oriental Foundry has received approval from the Ministry of Railways, Railway Board, for registration as a Wagon Leasing Company (WLC) to offer railway wagons on lease for operations on the Indian Railways network under the WLS (Wagon Leasing Scheme). This approval marks an important milestone in the Company’s strategic roadmap to establish and scale its presence in the wagon building, leasing, and rail logistics ecosystem. The WLC registration is expected to enhance long-term business visibility and strengthen the Company’s position in the freight mobility value chain through its subsidiary.
The Company remains committed to exploring opportunities that drive sustainable growth, operational synergies, and long-term value creation for its stakeholders.
Oriental Rail Infrastructure is engaged in the manufacture and distribution of wood-based decorative products.
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