Kernex Microsystems Secures ₹66.62 Cr Order from Integral Coach Factory
Kernex Microsystems received an order worth ₹66.62 Crores from Integral Coach Factory for KAVACH Equipment. The contract includes supply, installation, testing, and commissioning, with execution due by March 31, 2028.
The order value is substantial and contributes to the company's revenue stream, 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 ₹66.62 Crores (including GST) by Integral Coach Factory (ICF), Chennai. The order encompasses the supply, installation, interfacing with electrics of EMU/MEMU, testing, and commissioning of On-board KAVACH Equipment as per RDSO Specification No. RDSO/SPN/196/2020, Version 4.0 or latest, including warranty and CAMC.
The contract is to be executed on or before March 31, 2028. This order is from a domestic entity, and the promoter/promoter group/group companies of Kernex Microsystems do not have any interest in Integral Coach Factory. The transaction is not considered a related party transaction.
This disclosure is made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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.