Quadrant Future Tek Bags ₹20.19 Crore Order From Patiala Locomotive Works

1 min read     Updated on 15 Apr 2026, 10:40 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Quadrant Future Tek Limited has received a substantial ₹20.19 crore order from Patiala Locomotive Works for the supply, installation, testing and commissioning of Onboard KAVACH Loco Equipment Ver-4.0. The domestic contract will be executed in three tranches and represents a significant development in the railway safety equipment sector.

powered bylight_fuzz_icon
37817893

*this image is generated using AI for illustrative purposes only.

Quadrant Future Tek Limited has announced the receipt of a substantial order worth ₹20.19 crore from Patiala Locomotive Works (PLW) for railway safety equipment. The order involves the supply, installation, testing and commissioning of Onboard KAVACH Loco Equipment Ver-4.0 with warranty.

Order Details and Specifications

The contract encompasses comprehensive services for KAVACH Loco Equipment Ver-4.0 as per RSDO specifications. The equipment represents advanced railway safety technology designed for locomotive applications.

Parameter: Details
Order Value: ₹20.19 crore (Including taxes)
Client: Patiala Locomotive Works (PLW)
Equipment Type: Onboard KAVACH Loco Equipment Ver-4.0
Scope: Supply, Installation, Testing and Commissioning with Warranty

Execution Timeline and Delivery Schedule

The order is structured for execution in three tranches, providing a phased delivery approach. The final tranche is scheduled for completion, giving the company approximately 11 months for full project execution.

Contract Classification and Nature

The order falls under the domestic category, awarded by a domestic entity within India's railway infrastructure sector. The contract represents an arm's length transaction with no related party implications.

Classification: Status
Entity Type: Domestic
Contract Nature: Supply, Installation, Testing and Commissioning
Related Party Transaction: Not Applicable
Promoter Interest: No interest in awarding entity

Regulatory Compliance and Disclosure

The company has made this disclosure pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement ensures full regulatory compliance with exchange requirements.

This order represents a significant business development for Quadrant Future Tek Limited in the railway technology and safety equipment sector, demonstrating the company's capabilities in advanced locomotive safety systems.

Historical Stock Returns for Quadrant Future Tek

1 Day5 Days1 Month6 Months1 Year5 Years
+0.85%+4.01%+6.15%-16.98%-39.63%-29.04%

Will this KAVACH order success position Quadrant Future Tek for additional railway safety contracts as India accelerates its railway modernization program?

How might the phased delivery approach over 11 months impact Quadrant Future Tek's cash flow and working capital requirements?

Could this PLW partnership lead to expanded opportunities with other locomotive works across Indian Railways' manufacturing network?

Quadrant Televentures Submits Q4FY26 SEBI Compliance Certificate Under CIRP

1 min read     Updated on 10 Apr 2026, 05:06 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Quadrant Televentures Limited submitted its quarterly compliance certificate under SEBI regulations for Q4FY26 while operating under Corporate Insolvency Resolution Process. The filing confirms adherence to dematerialisation requirements through registrar Cameo Corporate Services Limited.

powered bylight_fuzz_icon
37272711

*this image is generated using AI for illustrative purposes only.

Quadrant Televentures Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made while the company operates under Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated September 2, 2025.

Regulatory Filing Details

The company filed the compliance certificate with BSE Limited on April 10, 2026, through reference number QTL/Sec/2026-27/03. Company Secretary Umesh P Srivastava digitally signed the submission, ensuring proper authorization of the regulatory filing.

Filing Parameter: Details
Filing Date: April 10, 2026
Quarter Covered: Q4FY26 (ended March 31, 2026)
Reference Number: QTL/Sec/2026-27/03
BSE Scrip Code: 511116
Signatory: Umesh P Srivastava, Company Secretary

Registrar Confirmation

Cameo Corporate Services Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 7, 2026. The RTA confirmed that securities received from depository participants for dematerialisation during Q4FY26 were properly processed within prescribed timelines under SEBI regulations.

The registrar verified that all security certificates received for dematerialisation were appropriately mutilated and cancelled after due verification by depository participants. The names of depositories were substituted in the register of members as registered owners within stipulated time limits.

RTA Details: Information
RTA Name: Cameo Corporate Services Limited
Certificate Date: April 7, 2026
Reference: CAM/QTL/74(5)/2026
CIN: U67120TN1998PLC041613

Corporate Status and Operations

Quadrant Televentures Limited operates under Corporate Insolvency Resolution Process following an NCLT order dated September 2, 2025. The company maintains its corporate office at B-71, Phase-VII, Industrial Focal Point, Mohali, Punjab, while its registered office is located in Chhatrapati Sambhajinagar, Maharashtra.

Despite operating under CIRP, the company continues to fulfill its regulatory obligations, including quarterly compliance certifications under SEBI regulations. The submission demonstrates ongoing adherence to securities market regulations even during the insolvency resolution process.

Corporate Information: Details
CIN: L00000MH1946PLC197474
Status: Under CIRP (since September 2, 2025)
Corporate Office: Mohali, Punjab
Registered Office: Chhatrapati Sambhajinagar, Maharashtra

Historical Stock Returns for Quadrant Future Tek

1 Day5 Days1 Month6 Months1 Year5 Years
+0.85%+4.01%+6.15%-16.98%-39.63%-29.04%

What impact will the ongoing CIRP proceedings have on Quadrant Televentures' ability to attract potential resolution applicants or investors?

How might the company's continued regulatory compliance during insolvency affect its valuation in the resolution process?

What are the potential outcomes if no viable resolution plan is approved before the CIRP deadline expires?

More News on Quadrant Future Tek

1 Year Returns:-39.63%