
Deals11 Feb 2026, 09:58 am
Quadrant Future Tek Ltd Receives Offer of Rs. 181.56 Crores from BLW for KAVACH 4.0 Installation
AI Summary
Quadrant Future Tek Ltd has received an offer from Banaras Locomotive Works (BLW) for the supply, installation, testing, and commissioning of 223 Onboard KAVACH Loco Equipment Ver- 4.0 with warranty. The contract is worth Rs. 181.56 crores (Including taxes). The company has accepted the offer. The order is domestic and is to be executed within 12 months from the date of the purchase order. The promoters, promoter group, or group companies do not have any interest in BLW, and the order is at arm’s length basis.
Key Highlights
- Quadrant Future Tek Ltd has received an offer from Banaras Locomotive Works (BLW) for KAVACH 4.0 installation worth Rs. 181.56 crores.
- The contract includes supply, installation, testing, and commissioning of 223 Onboard KAVACH Loco Equipment Ver- 4.0 with warranty.
- The order is domestic and is to be executed within 12 months from the date of the purchase order.
- The promoters, promoter group, or group companies do not have any interest in BLW.
- The order is at arm’s length basis.