Commenced supplies to a GoI enterprise engaged in mining and mineral exploration.

Received approval from Research Design and Standards Organisation (“RDSO”) for manufacturing slack adjuster for the railway sector in India.

Entered into joint venture with Poppe + Potthoff Prazisionsstahlrohre GmbH to set up Indodeutsche Precision Tubes Private Limited

Ventured into providing Rail Solutions-as-a-Service ("RSaas") to wagon builders

Received vendor approval from one of the leading power generation public sector undertakings in India.

Entered into a composite scheme of arrangement for demerger and vesting of Uluberia Unit of Lalbaba Industrial Corporation Private Limited into our Company and for amalgamation of PEW Engineering Private Limited with our Company.