Deals13 Apr 2026, 01:18 pm
Kernex Microsystems Bags ₹67.53 Cr KAVACH Loco Equipment Order
AI Summary
Kernex Microsystems India Ltd has secured a significant domestic order valued at ₹67.53 Crores (including GST) from PCMM Office, Patiala (PLW). The contract involves the supply, installation, testing, and commissioning of On-board KAVACH Loco Equipment, adhering to RDSO Specification No. RDSO/SPN/196/2020, Version 4.0 or latest. This order is a crucial development for the company, reinforcing its position in the railway signaling and safety systems sector. The execution of this project is slated to be completed on or before April 15, 2027. The company confirmed no promoter or promoter group interest in the awarding entity, and the transaction does not fall under related party transactions.
Key Highlights
- Kernex Microsystems secured a domestic order worth ₹67.53 Crores.
- The order is from PCMM Office, Patiala for KAVACH Loco Equipment.
- It covers supply, installation, testing, and commissioning of equipment.
- The project is scheduled for completion by April 15, 2027.
- This deal strengthens the company's railway safety systems portfolio.