Deals15 Apr 2026, 08:31 pm
Quadrant Future Tek bags ₹20.19 Cr order from PLW for KAVACH 4.0
AI Summary
Quadrant Future Tek Limited has received a Letter of Acceptance for an order from Patiala Locomotive Works (PLW) on April 15, 2026. The contract, valued at ₹20,19,27,500/- (including taxes), is for the Supply, Installation, Testing, and Commissioning of Onboard KAVACH Loco Equipment Ver- 4.0 with Warranty. This is a domestic order, and the execution is planned in three tranches, with the final delivery scheduled on or before April 15, 2027. The company confirmed that its promoters or promoter group have no interest in PLW, ensuring the transaction is at arm's length.
Key Highlights
- Quadrant Future Tek secured a ₹20.19 crore order from PLW.
- The contract is for KAVACH Loco Equipment Ver- 4.0 installation.
- Order execution is scheduled in three tranches until April 2027.
- This domestic order highlights the company's role in railway safety.