Deals16 Oct 2024, 12:10 am
KERNEX Microsystems Secures Rs. 4.35 Cr Order from Rail Coach Factory for Train Collision Avoidance System
AI Summary
KERNEX Microsystems (India) Ltd. has been awarded an order worth Rs. 4.35 Cr by the Rail Coach Factory, Kapurthala for the Supply, Installation, Testing, and Commissioning of Train Collision Avoidance System (KAVACH) for their train set. This order is in line with the SEBI Master Circular No. SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023, and the details of the order are provided in the enclosed Annexure—1.
Key Highlights
- KERNEX Microsystems has been awarded an order worth Rs. 4.35 Cr by the Rail Coach Factory, Kapurthala.
- The order is for the Supply, Installation, Testing, and Commissioning of Train Collision Avoidance System (KAVACH) for the train set.
- This order is in line with the SEBI Master Circular No. SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023.