MIC Electronics Secures Rs. 1.45 Crore Order from Indian Railways
Filing Summary
MIC Electronics Ltd has received a letter of acceptance from the Firozpur Division of Indian Railways. The order involves the provision of a Coach Guidance and PA system at SVDK and SINA stations in the Jammu Division. The contract is valued at approximately Rs. 1.45 crore and is expected to be executed within three months. This domestic order was awarded through a tender process. There is no involvement of related party transactions, and the company’s promoters have no interest in the awarding entity.
MIC Electronics Ltd has announced the receipt of a Letter of Acceptance from the Firozpur Division of Indian Railways. The order pertains to the provision of a Coach Guidance and PA system at SVDK and SINA stations in the Jammu Division. The total value of the order is Rs. 1,45,75,628.
The order was awarded through a tender process and is classified as a domestic order. The terms and conditions of the agreement will be finalized at the time of execution. The project is scheduled to be completed within a period of three months from the date of the order.
There are no related party transactions involved in this order. Additionally, none of the promoters or promoter group companies of MIC Electronics have any interest in the entity that awarded the order.
The order was officially recorded on February 09, 2026, at 01:32 PM. This update is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has been disclosed to all stakeholders of the company.
Indian Railways is a significant entity in the transportation sector, responsible for the operation and management of rail transport in India. It frequently collaborates with various companies to enhance its infrastructure and services.
MIC Electronics Ltd specializes in the design and manufacture of electronic display systems and LED lighting solutions. The company focuses on expanding its presence in the public sector by securing contracts with government entities such as Indian Railways. This aligns with its strategic priorities to enhance its market position in the electronic display industry.