MIC Electronics Secures Rs. 44 Crore Order from Indian Railways
Filing Summary
MIC Electronics Ltd has received a letter of acceptance from the Howrah Division of the Eastern Railway Zone of Indian Railways. The order involves the provision of Coach and Train Indication Boards at multiple stations for a total amount of Rs. 44 Crore. The order is domestic and was awarded through a tender process. The project is expected to be completed within six months. There are no related party transactions involved, and the promoters have no interest in the awarding entity.
MIC Electronics Ltd has announced the receipt of a letter of acceptance from the Howrah Division of the Eastern Railway Zone of Indian Railways. The order, valued at Rs. 44,501,602, involves the provision of Coach and Train Indication Boards (CIB, TIB) at several stations, including PRGR, SKIP, BZLE, SALE, MGAE, SDI, MRR, and RJG.
The order was awarded through a tender process and is classified as a domestic order. The project is scheduled for completion within a six-month timeframe. The terms and conditions of the order will be finalized at the time of the agreement’s execution.
MIC Electronics has confirmed that there are no related party transactions associated with this order. Additionally, none of the promoters or promoter group companies have any interest in the entity that awarded the order.
The order was officially recorded on February 10, 2026, at 03:57 PM. The company has provided additional details as required under the SEBI Circular dated July 13, 2023.
Indian Railways is a government-owned entity responsible for rail transport in India. It operates under the Ministry of Railways and is one of the largest railway networks in the world. The Howrah Division is part of the Eastern Railway Zone, which manages rail operations in the eastern part of India.
MIC Electronics Ltd specializes in the design and manufacture of electronic display systems and LED lighting solutions. The company focuses on providing innovative and energy-efficient products for various sectors, including transportation, advertising, and public utilities. MIC Electronics continues to expand its portfolio by securing significant orders in the domestic market.