Oriental Rail has received a key regulatory clearance that strengthens its long-term plans in the rail logistics space. The company informed stock exchanges that its wholly owned subsidiary, Oriental Foundry Private Limited, has been approved by the Ministry of Railways, Railway Board, for registration as a Wagon Leasing Company (WLC).
The approval allows Oriental Foundry to offer railway wagons on lease for operations across the Indian Railways network under the Wagon Leasing Scheme (WLS). This follows the subsidiary’s application submitted to the Railway Board in December 2025, as previously disclosed by the company.
With this registration, Oriental Rail takes a step forward in expanding beyond manufacturing into wagon leasing and rail-based logistics services. The company stated that the WLC approval is an important milestone in its strategic roadmap to build and scale its presence across the wagon building, leasing, and freight mobility ecosystem. By entering wagon leasing, the group aims to improve long-term business visibility and create a more integrated position within the freight value chain.
The company also reiterated its focus on identifying opportunities that support sustainable growth, operational synergies, and long-term value creation for stakeholders. Oriental Rail added that it will continue to keep stock exchanges informed about any further material developments related to this initiative, in line with applicable regulatory requirements.
