Quadrant Future Tek Secures Rs. 182 Crore Contract from BLW
Filing Summary
Quadrant Future Tek Ltd has received an offer from Banaras Locomotive Works (BLW) for the supply, installation, testing, and commissioning of 223 Onboard KAVACH Loco Equipment Ver-4.0. The contract, valued at approximately Rs. 182 Crores, includes a warranty and is to be executed within 12 months from the purchase order date. This domestic contract is not a related party transaction and is conducted at arm’s length. The details of the contract are available on Quadrant’s website.
Quadrant Future Tek Ltd has announced the receipt of an offer from Banaras Locomotive Works (BLW) dated February 10, 2026. The offer pertains to the supply, installation, testing, and commissioning of 223 Onboard KAVACH Loco Equipment Ver-4.0 with a warranty. The contract is valued at Rs. 1,81,56,66,000, inclusive of taxes.
The contract specifies that the work will be completed within 12 months from the date of the purchase order. The transaction is classified as domestic, and it is confirmed that the promoters or promoter group of Quadrant Future Tek Ltd have no interest in BLW, ensuring that the transaction is conducted at arm’s length. The contract does not fall under related party transactions.
The offer from BLW includes significant terms and conditions, such as adherence to RSDO specifications for the equipment. The details of the contract are available on the company’s official website for further reference.
Banaras Locomotive Works is a prominent entity involved in the manufacturing and maintenance of locomotives. It focuses on enhancing the operational efficiency of railway systems through advanced technological solutions.
Quadrant Future Tek Ltd is engaged in providing technological solutions and services. The company prioritizes innovation and the development of advanced equipment to meet the evolving needs of its clients in various sectors.