Business Update17 Aug 2026, 03:17 pm
Kernex Microsystems Updates CLW Order Execution & Diversification
AI Summary
Kernex Microsystems India Ltd provided an update on its operations, specifically the Chittaranjan Locomotive Works (CLW) order. Out of a total order of 3,024 units, 1,360 units have been supplied as of August 13, 2026. The company expects to dispatch 175 completed units this month and 1,025 units (95% complete) in September and October 2026. The entire CLW-II order is targeted for dispatch by November 2026, with installation and commissioning to be completed by February 5, 2027. The company also detailed its warranty provision policy and mentioned a diversification initiative with an order of approximately Rs. 15.90 crore.
Key Highlights
- CLW-II order: 1,360 units supplied, 1,664 remaining.
- Targeting CLW order dispatch completion by November 2026.
- Installation and commissioning of CLW order by February 5, 2027.
- Recognizes warranty provision based on estimated costs.
- Diversifying into new verticals with a Rs. 15.90 crore order.
Price Impact
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