MIC Electronics Ltd. Receives Order from Indian Railways
MIC Electronics Limited announced on April 1, 2026, that it has received a Letter of Acceptance from Sambalpur Division, East Coast Railway Zone of Indian Railways. The order is for the provision of CIB and TIB systems.The value of the order is Rs. 2,12,68,360.23. The order is expected to be executed within 6 months.
According to the company, no promoter, promoter group, or group companies have any interest in the entity that awarded the order. The order does not constitute a related party transaction. The order was awarded through a tender process.
Order Details
| Detail | Information |
|---|---|
| Entity Awarding Order | Sambalpur Division, East Coast Railway Zone of Indian Railways |
| Order Value | Rs. 2,12,68,360.23 |
| Execution Time | 6 Months |
| Order Type | Direct order, participated through Tender |
| Promoter Interest | None |
| Related Party Transaction | No |
| Date of Order | March 31, 2026 |
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.