Kernex Microsystems Secures Rs 66.62 Crore Order from Integral Coach Factory
Kernex Microsystems (India) Limited has been awarded a significant contract by Integral Coach Factory (ICF), valued at Rs 66.62 Crores (including GST). The order pertains to the supply, installation, and commissioning of specialized on-board KAVACH equipment for EMU/MEMU.The domestic order mandates Kernex Microsystems to provide comprehensive services covering Goods supply, installation, interfacing with Electrics of EMU/MEMU, Testing and Commissioning of On-board KAVACH Equipment. This work must adhere strictly to RDSO Specification No. RDSO/SPN/196/2020, Version 4.0 or the latest version for EMU/MEMU, including warranty provisions and CAMC (Comprehensive Annual Maintenance Contract).
The contract details reveal that Integral Coach Factory is the awarding entity. The order falls under domestic procurement, with no declared interest from the promoter group in ICF.
Kernex Microsystems is scheduled to complete the entire scope of work on or before March 31, 2028.
Key details regarding the contract are as follows:
| Detail | Specification |
|---|---|
| Awarding Entity | Integral Coach Factory (ICF) |
| Contract Value | Rs. 66.62 Crores (Incl of GST) |
| Scope of Work | Supply, Installation, Interfacing with Electrics and Testing/Commissioning of On-board KAVACH Equipment for EMU/MEMU |
| Compliance Standard | RDSO Specification No. RDSO/SPN/196/2020, Version 4.0 or latest |
| Execution Deadline | March 31, 2028 |
KERNEX Stock Price Movement
On Friday, Kernex Microsystems (India) Limited shares rallied by 3.07% in the closed market, settling at ₹2291.7. The equity saw robust trading activity as 78,321 shares were transacted during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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