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<h1>Rail systems maker's shipbuilding arm wins Rs 467.25 crore contract to build two coastal research vessels</h1> A rail systems manufacturer's shipbuilding division secured its largest-ever contract worth Rs 467.25 crore from a state-owned shipbuilder to construct and deliver two coastal research vessels for a government geological agency to support seabed studies, mineral exploration and long-duration scientific research. The manufacturer reported prior vessel deliveries and ongoing maritime projects. Its board approved, in principle, transferring the shipbuilding, maintenance and services business to a newly proposed wholly owned naval subsidiary, and authorized exploring strategic partners or investors; the transfer remains subject to regulatory clearances.