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Business Standard
5 days ago
- Business
- Business Standard
MIC Electronics wins orders worth Rs 1.71 cr from India Railways
MIC Electronics announced that the Company has received a Letter of Acceptance from the Pandit Deen Dayal Upadhyaya railway Division of the East Central Railway Zone for the provision of for Provision of Electronic Coach Indication Boards (CIB) for PF No. 7 at DDU, fare display board for UTS/PRS counter & other amenities like video wall. The aggregate value of the said work order is Rs. 1,11,50,332.60. Apart from this Company has received an order worth of Rs. 60,00,000 for Emergency Lighting Units (ELU) from Indian Railways. Powered by Capital Market - Live News
Business Upturn
6 days ago
- Business
- Business Upturn
MIC Electronics secures two Indian Railways orders worth Rs 1.71 crore
By Aditya Bhagchandani Published on June 3, 2025, 10:11 IST MIC Electronics Limited announced today that it has secured two significant orders from the Indian Railways, totaling approximately Rs 1.71 crore. In a filing with the stock exchanges, the company revealed it received a Letter of Acceptance (LoA) from the Pandit Deen Dayal Upadhyaya railway division of the East Central Railway zone. The scope of the work includes the provision of Electronic Coach Indication Boards (CIB) for Platform No. 7 at DDU station, fare display boards for UTS/PRS counters, and a video wall. The total value of this order stands at Rs 1,11,50,332.60. Additionally, MIC Electronics received a separate order worth Rs 60 lakh for Emergency Lighting Units (ELU) from Indian Railways. Both orders are domestic and were awarded through a tender process. According to the company, the orders are to be executed within six months from the date of the LoA. It also clarified that there is no related party interest in these transactions. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
