Kernex Microsystems Secures ₹100.53 Cr Order from Integral Coach Factory
Kernex Microsystems received a ₹100.53 Crore order from Integral Coach Factory for KAVACH Equipment. The contract includes supply, installation, testing, and commissioning, with warranty and CAMC. Execution is expected by March 31, 2028.
The order value of ₹100.53 Crores is material and is expected to contribute to the company's revenue over the execution period, positively impacting its financial performance.
The company has secured a significant new order, which is a positive development for its business.
Kernex Microsystems (India) Limited has announced that it has been awarded an order valued at ₹100.53 Crores (including GST) by Integral Coach Factory (ICF), Chennai. The contract encompasses the supply, installation, interfacing with electrics of trainset, testing, and commissioning of On-board KAVACH Equipment as per RDSO Specification No. RDSO/SPN/196/2020, Version 4.0 or latest trainset, including warranty and CAMC.
This domestic order is scheduled to be executed on or before March 31, 2028. The company has confirmed that its promoters or group companies do not have any interest in the entity that awarded the order, and the transaction is not within related party transactions.
What to do with a filing like this
Kernex Microsystems (India) Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Kernex Microsystems (India) Limited. Read the original for the full detail.