Oriental Rail Infrastructure Says Fire at Oriental Foundry Unit Damaged Only a Transformer

Oriental Rail Infrastructure reported a fire at the Gujarat manufacturing facility of its wholly owned subsidiary Oriental Foundry on October 28, 2026, saying damage was limited to a transformer and minor inventory with no casualties. ScanX said the company expects no material financial impact.

Inside the Oriental Foundry Fire

The fire broke out around 3:00 am at the Unit-I facility in Village Chopadva, Taluka Bhachau, District Kutch, and originated from a technical fault in a transformer within the plant premises. Oriental Rail Infrastructure said no casualties or injuries were reported. Damage was primarily confined to the affected transformer, with minor damage to certain raw materials, inventory, finished goods or other plant machinery, and the company described the quantum of loss as negligible or minimal.

Manufacturing operations and production schedules are continuing as normal, with no impact on delivery timelines, according to the company. The affected transformer is being replaced to restore full operational efficiency. Oriental Rail Infrastructure said the incident is not expected to have any material impact on its overall operations or financial performance.

The facility is adequately insured, the insurance company has been informed, and the damage is covered under the existing policy. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and filed with BSE Limited on October 31, 2026. The company cited the time needed to obtain and verify details on the extent of damage and operational impact at the subsidiary level as the reason for the delay.

Oriental Rail Infrastructure's Foundry Stake

According to akta.pro company records, Oriental Rail Infrastructure acquired additional equity of 27,30,000 shares, face value Rs. 10 at Rs. 111 per share, in wholly owned subsidiary Oriental Foundry Private Limited in 2025, consolidating the heavy engineering and rolling stock business. The same records show Oriental Foundry secured and delivered its first development order of 500 wagons to Indian Railways worth Rs. 152.31 crores. Oriental Rail Infrastructure, established in 1991, supplies RDSO-approved railway interior components and rolling stock to Indian Railways, with over 50% market share in seats and berths, according to its profile.

Oriental Foundry's Recent Agreements

In September 2026, Oriental Rail Infrastructure, through Oriental Foundry, signed a technology development agreement with VNICTT, the design arm of Russia-based UWC, to design a 25-tonne axle-load bogie and a solid-bottom gondola car, ScanX reported. Earlier that month, shareholders approved a variation in preferential issue fund utilization via remote e-voting on September 9, 2026, with 99.99% support from 33,029 shareholders, according to ScanX. In August 2026, the company was awarded an order worth Rs. 1.75 crore from Integral Coach Factory, Chennai, under Indian Railways, Business Standard reported.

Oriental Rail Infrastructure's Wagon Leasing Plans

Oriental Rail Infrastructure has received regulatory approvals to establish a wagon leasing business, with operations planned to start from April 2027, ScanX reported.