Deals3 Jun 2025, 10:09 am
MIC Electronics Secures Rs. 1,71,50,332.60 Order from Indian Railways
AI Summary
MIC Electronics Ltd has received a Letter of Acceptance from the Pandit Deen Dayal Upadhyaya railway Division of the East Central Railway Zone for the provision of Electronic Coach Indication Boards (CIB), fare display board for UTS/PRS counter, and other amenities. The aggregate value of this work order is Rs. 1,11,50,332.60. Additionally, the company has received an order worth of Rs. 60,00,000 for Emergency Lighting Units (ELU) from Indian Railways. The orders are direct, domestic, and have a time period of 6 months for execution. The orders do not fall under related party transactions.
Key Highlights
- MIC Electronics secures order worth Rs. 1,11,50,332.60 from Pandit Deen Dayal Upadhyaya railway Division of the East Central Railway Zone
- Company also receives order worth Rs. 60,00,000 for Emergency Lighting Units (ELU) from Indian Railways
- Orders are direct, domestic, and have a time period of 6 months for execution
- Orders do not fall under related party transactions
- Company is ISO 9001:2008 ISO 14001:2004 Certified and NABCB accredited