Deals27 Oct 2025, 10:54 am
MIC Electronics Ltd Secures LOA Variations Worth Rs. 1,15,64,160 from Indian Railways
AI Summary
MIC Electronics Limited has received Letter of Variations from South East Central Railway and Northern Railway for provision of signalling and telecom works, and passenger amenities respectively. The total value of the work orders is Rs. 1,15,64,160. The orders are direct, participated through tender, and will be executed by domestic entities. The orders do not fall under related party transactions and will be finalized at the time of execution of the agreement. The orders are to be executed by 25th October 2025, 6.30 PM and 26th October 2025, 7.17 PM respectively.
Key Highlights
- MIC Electronics Ltd secures LOA variations worth Rs. 1,15,64,160 from Indian Railways
- Orders received from South East Central Railway and Northern Railway
- Work orders value Rs. 82,56,066 and Rs. 33,08,094 respectively
- Orders are direct, participated through tender, and will be executed by domestic entities
- Orders do not fall under related party transactions