Business Update30 May 2026, 12:30 pm
Concord Control Bags ₹279.90 Cr KAVACH 4.0 Order
AI Summary
Concord Control Systems Ltd has received an order worth ₹279.90 Crores from Indian Railways for the supply, installation, testing, and commissioning of On-board KAVACH 4.0 Loco equipment. The order was received through Progota India Private Limited, an Associate Company and is to be executed within 12 months. This information is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Concord Control Systems receives ₹279.90 Cr order from Indian Railways.
- Order involves KAVACH 4.0 Loco equipment supply and installation.
- Progota India Private Limited, an Associate Company, facilitated the order.
- The order is to be executed within a 12-month timeframe.
- The order is domestic in nature.
Price Impact
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