MIC Electronics Secures ₹4.45 Crore Railway Order for Coach and Train Indication Boards

1 min read     Updated on 11 Feb 2026, 09:49 PM
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Reviewed by
Ashish TScanX News Team
Overview

MIC Electronics Limited has secured a ₹4,45,01,602.40 order from Howrah Division, Eastern Railway Zone for Coach and Train Indication Boards at eight railway stations. The domestic contract, won through tender process, has a six-month execution timeline and involves no related party transactions. The order was officially received on February 10, 2026, covering stations PRGR, SKIP, BZLE, SALE, MGAE, SDI, MRR, and RJG within the Howrah division network.

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

MIC Electronics Limited has announced securing a significant railway infrastructure contract worth ₹4,45,01,602.40 from the Howrah Division, Eastern Railway Zone of Indian Railways. The company disclosed this development through a regulatory filing under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Order Details and Scope

The contract involves the provision of Coach Indication Boards (CIB) and Train Indication Boards (TIB) across eight strategic railway stations. The project will cover PRGR, SKIP, BZLE, SALE, MGAE, SDI, MRR, and RJG stations within the Howrah division network.

Parameter: Details
Order Value: ₹4,45,01,602.40
Awarding Entity: Howrah Division, Eastern Railway Zone of Indian Railways
Project Scope: CIB and TIB installation at 8 stations
Execution Timeline: 6 months
Order Date: February 10, 2026, at 03:57 P.M.

Contract Specifications

MIC Electronics secured this domestic order through a competitive tender process. The company will be responsible for delivering and installing both Coach Indication Boards and Train Indication Boards at the designated railway stations across the Howrah division.

The project represents a direct order arrangement with the Indian Railways, with terms and conditions to be finalized during the agreement execution phase. The six-month execution timeline indicates an expedited delivery schedule for the railway infrastructure enhancement project.

Regulatory Compliance

The company has confirmed that this order does not constitute a related party transaction and has been awarded at arm's length. Additionally, none of the promoter, promoter group, or group companies have any interest in the awarding entity, ensuring complete transparency in the contract allocation.

Compliance Aspect: Status
Entity Type: Domestic
Order Nature: Direct order through tender
Related Party Transaction: No
Promoter Interest: None
Execution Period: 6 months

This railway infrastructure order strengthens MIC Electronics' position in the transportation sector and demonstrates the company's capability to secure significant government contracts through competitive bidding processes.

Historical Stock Returns for MIC Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
+0.71%+1.40%+5.01%-10.36%-39.08%+187.88%

MIC Electronics Secures ₹1.46 Crore Railway Contract from Northern Railway Zone

1 min read     Updated on 10 Feb 2026, 10:34 AM
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Reviewed by
Shriram SScanX News Team
Overview

MIC Electronics Limited has been awarded a ₹1,45,75,627.69 contract by Firozpur Division, Northern Railway Zone for Coach Guidance and PA system at SVDK and SINA stations over Jammu Division. The direct order, obtained through tender participation, is to be executed within 3 months with no related party transactions involved.

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

MIC Electronics Limited has secured a significant railway infrastructure contract worth ₹1,45,75,627.69 from the Northern Railway Zone. The company received a Letter of Acceptance from Firozpur Division, Northern Railway Zone of Indian Railways on February 09, 2026, marking another milestone in its railway sector operations.

Contract Details

The awarded contract involves the provision of Coach Guidance and PA system at SVDK and SINA stations over Jammu Division. The comprehensive project details are outlined below:

Parameter Details
Contract Value ₹1,45,75,627.69
Awarding Entity Firozpur Division of Indian Railways
Execution Timeline 3 Months
Order Type Direct order through tender participation
Entity Classification Domestic

Regulatory Compliance

MIC Electronics Limited disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on February 10, 2026. The announcement was made to both BSE Limited (Scrip code: 532850) and National Stock Exchange of India Limited (Scrip Symbol: MICEL) as part of the company's compliance obligations.

Transaction Structure

The contract represents a straightforward business arrangement with Indian Railways, characterized by the following aspects:

  • Nature: Direct order obtained through competitive tender process
  • Classification: Domestic transaction with no international components
  • Related Party Status: No related party transactions involved
  • Promoter Interest: No promoter or promoter group companies have any interest in the awarding entity

Implementation Timeline

The project is scheduled for completion within 3 months from the order date. Terms and conditions will be finalized at the time of agreement execution between MIC Electronics Limited and Firozpur Division of Indian Railways. The order was officially received on February 09, 2026 at 01:32 PM.

This contract award reinforces MIC Electronics Limited's position in the railway infrastructure sector and demonstrates the company's capability to secure significant orders from Indian Railways divisions across different zones.

Historical Stock Returns for MIC Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
+0.71%+1.40%+5.01%-10.36%-39.08%+187.88%

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1 Year Returns:-39.08%