Kernex Microsystems wins ₹100.53 Cr ICF order for KAVACH

Kernex Microsystems (India) Ltd has secured an order worth ₹100.53 crore from Integral Coach Factory (ICF) for the supply and installation of KAVACH equipment. The contract involves the supply, installation, interfacing with electrics of trainset, testing, and commissioning of on-board KAVACH Equipment as per RDSO Specification No. RDSO/SPN/196/2020, Version 4.0 or latest Trainset, including warranty and CAMC. This order is to be executed domestically and must be completed on or before March 31, 2028.

Contract Details

The following table outlines the key parameters of the order awarded:

Parameter	Details
Client	Integral Coach Factory (ICF)
Contract Value	₹100.53 crore (Incl. GST)
Nature of Order	Supply, Installation, Testing and Commissioning of On-board KAVACH Equipment
Execution Timeline	On or before 31/03/2028
Location	Domestic

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the promoter, promoter group, or group companies have no interest in the entity awarding the order.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.10%	+0.22%	+7.75%	+74.67%	+92.62%	+2,705.24%

Kernex Microsystems (India) Ltd has secured listing and trading approval for 1,200 equity shares allotted under its Employee Stock Option Scheme 2023 (KMIL ESOS - 2023). The National Stock Exchange of India Limited (NSE) and BSE Limited granted the approval on July 06, 2026, enabling trading to commence on July 07, 2026. The shares, with a face value of Rs. 10 each, will be available for dealings under the symbol KERNEX on the NSE.

The allotment consists of equity shares carrying distinctive numbers from 16802423 to 16803622. These shares have been admitted to the EQ series on the NSE. The company confirmed that the necessary notices regarding the listing have been issued to the exchanges.

Listing Details

The following table outlines the specifics of the listed securities:

Sr. No.	Security Description	Symbol	Series	No. of securities	Distinctive Numbers
1.	Equity shares of Rs. 10/- each allotted under ESOP.	KERNEX	EQ	1200	16802423 to 16803622

Regulatory Compliance

The company has been instructed to file all critical price-sensitive information and other submissions through the NSE Electronic Application Processing System (NEAPS). This requirement aligns with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The exchanges have emphasized the use of online filing facilities for efficient processing of submissions.