Airfloa Rail Technology Acquisition
Non-promoter acquirer Ritu Bapna purchased 21,000 shares of Airfloa Rail Technologies Ltd via the open market. The transaction increases the acquirer's total stake to 5.02%.
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Non-promoter acquirer Ritu Bapna purchased 21,000 shares of Airfloa Rail Technologies Ltd via the open market. The transaction increases the acquirer's total stake to 5.02%.
Airfloa delivered 66% revenue growth in FY26, though margins contracted significantly due to raw material inflation. The company is pivoting from component supply to integrated engineering platforms.
Airfloa reported stellar FY26 performance with 66% revenue growth and 52% PAT growth, driven by massive expansion in railway and private sector projects.
Airfloa Rail Technology reported zero deviation in the utilisation of its ₹91.10 Crore IPO proceeds. The company confirmed compliance with stated objects as of March 2026.
Airfloa Rail Technology Ltd re-appointed M/s. SVM & Associates as Cost Auditors for FY 2026-27. The appointment is subject to shareholder ratification at the next AGM.
Airfloa Rail Technology Ltd reported revenue from operations of ₹229.1 Cr (+113.5% YoY) and net profit of ₹27.1 Cr (+69.4% YoY) for H2 FY26.
Airfloa Rail Technology approved its FY26 audited financial results and the formation of a new subsidiary. The Board also reviewed IPO fund utilization and appointed cost auditors.
Airfloa Rail Technology Limited secured a ₹2.53 Crore order from Integral Coach Factory for Amrit Bharat coach components. Execution is scheduled within ten months.
Airfloa Rail Technology Ltd secured a ₹2.55 Crore order from Integral Coach Factory. The project involves roof assembly installation over a twenty-two-month period.
Airfloa Rail Technology Ltd scheduled a board meeting for May 30, 2026. Directors will consider and approve audited financial statements for the year ended March 2026.
Airfloa Rail Technology secured a ₹2.68 Crore order from Integral Coach Factory. The project involves panelling installations for Indian Railways with a six-month completion timeline.