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Incorporated in 1996, Presstonic Engineering Limited manufactures products for Metro Rail Rolling Stock, Metro Rail Signalling, and Infrastructure.
Presstonic Engineering secured a ₹1.03 Cr order from Titagarh Rail Systems for Under Seat Box items for Surat and Ahmedabad Metro projects. This reinforces Presstonic's position as a key supplier for major rail OEMs, boosting its presence in India's expanding railway and metro infrastructure.
Presstonic Engineering reports the demise of Mr. H. Chandrasekhar Kedilaya, a Promoter Group member. He held 1,000 equity shares and is no longer part of the Promoter Group.
Presstonic Engineering secured a ₹0.95 Cr order from BEML for Specialized Aluminium Cable Ducts for India's High-Speed Rail Project. This strategic win positions the company at the forefront of the bullet train space, reinforcing its role in advanced rail infrastructure development.
Presstonic Engineering secured an export order for Commercial Kitchen Accessories from Alto-Shaam Inc, USA, valued at USD 384,144.30 (~INR 3.61 Cr). This represents a strategic diversification beyond its core Metro and Railway segments.
Presstonic Engineering clarified a procedural detail for its Rights Issue. The company corrected the date mentioned for the Banker to the Issue Agreement in the Letter of Offer. This is an administrative update.