
Deals26 Aug 2024, 06:39 pm
MIC Electronics Receives Rs. 2.54 Crore Order from Lucknow Division of Indian Railways
AI Summary
MIC Electronics Limited has announced that it has received an order from the Lucknow division of Indian Railways for the provision of Integrated Passenger Information System at PRG, PYGS, and PFM Stations in c/w Mahakumbh-2025. The aggregate value of the work order is Rs. 2,54,73,441.45. The order is a domestic direct order and the time period for execution is 9 months from the date of issue of Letter of Acceptance. The order does not fall under related party transactions and none of the promoter/promoter group/group companies have any interest in the entity that awarded the order.
Key Highlights
- MIC Electronics received an order from the Lucknow division of Indian Railways worth Rs. 2.54 crores.
- The order is for the provision of Integrated Passenger Information System at PRG, PYGS, and PFM Stations in c/w Mahakumbh-2025.
- The order is a domestic direct order with a 9-month execution period.
- The order does not fall under related party transactions.
- None of the promoter/promoter group/group companies have any interest in the entity that awarded the order.