MIC Electronics Limited Secures Contract for Laboratory Furniture in Nava Raipur
MIC Electronics Limited has received a Letter of Acceptance from the Chhattisgarh Environment Conservation Board, Nava Raipur, Atal Nagar. The contract covers the Design, Supply, Installation, and Maintenance of Lab Furniture for the central environmental laboratory in Nava Raipur, Atal Nagar, Raipur, valued at Rs. 3,78,00,00/-.The awarded contract falls under the domain of domestic orders and was secured by participation through a Tender process.
The company, which is also certified with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, provided additional details regarding the transaction.
Key details of the order award include:
| Detail | Description |
|---|---|
| Awarding Entity | Chhattisgarh Environment Conservation Board, Nava Raipur, Atal Nagar |
| Nature of Order | Direct order, participated through Tender |
| Order Size | Rs. 3,78,00,00 /- |
| Client Type | Domestic Entity |
| Transaction Origin | Domestic |
| Time Period | 12 months |
| Date of Occurrence | May 04, 2026 at 03.30 P.M. |
| Related Party Status | The order would not fall within related party transactions. |
According to the additional details, the terms and conditions for the agreement will be finalized at the time of execution. Furthermore, the Company noted that none of the promoter or promoter group companies have any interest in the entity that awarded the order.
MICEL Stock Price Movement
As of 2:43 PM, shares of MIC Electronics Limited are slipping by 1.59% in live trading, currently valued at ₹44.68. The stock is trading on substantial volume of 762,612 shares, hitting a day low of ₹44.2 in 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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