Award14 Jul 2026, 11:35 am
Kernex Microsystems Wins ₹100.53 Cr Order from Integral Coach Factory
AI Summary
Kernex Microsystems India Ltd has announced receiving a Letter of Acceptance (LOA) from Integral Coach Factory (ICF) for a significant order valued at ₹100.53 crores, inclusive of GST. The contract involves the Supply, Installation, Interfacing with Electrics of Trainset, Testing and Commissioning of On-board KA VACH Equipment as per RDSO Specification. This order is to be executed by March 31, 2028. The company has confirmed the order is domestic in nature and does not involve related party transactions. This award is expected to bolster Kernex Microsystems' order book and revenue streams in the coming years.
Key Highlights
- Received LOA from Integral Coach Factory for ₹100.53 Cr.
- Order includes supply, installation, and commissioning of KA VACH Equipment.
- Project execution timeline set until March 31, 2028.
- The contract is classified as a domestic order.
- No promoter or related party interest in the awarding entity.
Price Impact
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