MIC Electronics Ltd receives LoA worth Rs. 1.12 crore

MIC Electronics Limited ("the Company") has received a Letter of Acceptance from the Signal and Telecommunication (S&T) department of the Nagpur Division, Central Railway (CR) Zone of Indian Railways, for Supply, Installation, Testing & Commissioning Telecom assets/Passenger amenities IPIS at Wardha station of Nagpur division, for an amount of Rs. 1,12,14,148.93 (Rupees One Crore Twelve Lakh Fourteen Thousand One Hundred And Forty-Eight Rupees And Ninety-Three Paise Only).

The Company has received a LOA variation order from Salem Division, Southern Railway (SR) Zone of Indian Railways, for Provision of Passenger Information System in connection with Amrit Bharat Scheme at Tirupattur, Samalpatti, Morappur, Bommidi, Salem stations and CAMC for a period of five years of Salem Division, for an amount of Rs. 1,09,45,604 (Rupees One Crore Nine Lakh Forty-five thousand Six hundred and Four Only).

Source : Equity Bulls

Keywords

MICElectronics LoA OrderWin