MICEL NSE filing

MIC Electronics Secures ₹44.5 Crore Order from Eastern Railway

The RealCase readMedium impact Positive

MIC Electronics Limited has secured a ₹44.50 crore order from Eastern Railway for CIB and TIB systems. The order, awarded by Howrah Division, is to be executed within 6 months. The company confirmed no promoter interest or related party transaction issues.

Why it matters

The order value, while substantial, represents a medium impact on the overall business of MIC Electronics Limited.

The market read

The company has received a significant order from a government entity, which is positive for its business outlook.

MIC Electronics Limited has announced receiving a Letter of Acceptance from the Howrah Division, Eastern Railway Zone of Indian Railways. The order is for the provision of CIB, TIB (Coach and Train Indication Boards) at specific stations including PRGR, SKIP, BZLE, SALE, MGAE, SDI, MRR, and RJG over the Howrah division.

The total value of this order is ₹4,45,01,602.40 (Rupees Forty-Four Crore Forty-Five Lakhs One Thousand Six Hundred and Two Rupees and Forty Paise Only). The order was awarded by a domestic entity through a tender process, and it is classified as a direct order.

The terms and conditions of the order are to be finalized at the time of agreement execution. The execution period for this order is specified as 6 months from the date of the order. There are no promoter or promoter group companies with an interest in the entity that awarded the order, and it does not fall under related party transactions. The order occurrence date was February 10, 2026, at 03:57 P.M.

Filing to action

What to do with a filing like this

MIC Electronics 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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Primary source

A plain-language summary of a public exchange filing by MIC Electronics Limited. Read the original for the full detail.

View original filing