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              MIC Electronics Limited ("the Company") has received a Letter of Variations as detailed below:
1. LOA variation received from South East Central Railway for provision of Signalling and Telecom Works in connection with Station Development Works under Amrit Bharat Station Scheme at Nainpur (NIR), Chhindwara (CWA), Seoni (SEY) and Mandlafort (MFR) Stations in Nagpur Division of SECR for an amount of Rs. 82,56,066/-
2. LOA variation received from Northern Railway for provision of passenger amenities (Telecom) and expansion of information system to facilitate Divyangjan and utility shifting in connection with Amrit Bharat station scheme at TKJ, GHNA, MDNR, SZM, PWL, BVH, FDN, BGZ, ROK, PTRD, SMQL, NUR, SNP, JHI, NRW, MSZ STN of Delhi division for an amount of Rs. 33,08,094/-
The aggregate value of the said work orders are Rs. 1,15,64,160/-.