Quadrant Future Tek Secures Rs 181.57 Crore KAVACH Equipment Contract from Banaras Locomotive Works
Quadrant Future Tek Limited has secured a Rs 1,81,56,66,000 contract from Banaras Locomotive Works for supplying 223 onboard KAVACH Loco Equipment Ver-4.0 units. The domestic contract includes supply, installation, testing and commissioning services with a 12-month execution timeline. The deal represents a major business milestone for the company in the railway safety equipment sector.

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Quadrant Future Tek Limited has secured a substantial contract from Banaras Locomotive Works (BLW) worth Rs 1,81,56,66,000 for railway safety equipment supply. The company announced the contract award on February 11, 2026, under Regulation 30 of SEBI listing requirements.
Contract Details and Specifications
The comprehensive agreement covers the supply, installation, testing and commissioning of 223 onboard KAVACH Loco Equipment Ver-4.0 units with warranty provisions. The contract specifications align with RSDO (Research, Designs and Standards Organisation) requirements for railway safety systems.
| Contract Parameter: | Details |
|---|---|
| Awarding Entity: | Banaras Locomotive Works (BLW) |
| Contract Value: | Rs 1,81,56,66,000 (including taxes) |
| Equipment Units: | 223 onboard KAVACH Loco Equipment Ver-4.0 |
| Execution Timeline: | 12 months from purchase order date |
| Contract Nature: | Domestic |
Scope of Work and Technical Requirements
The contract encompasses multiple phases of project execution including supply, installation, testing and commissioning activities. The KAVACH equipment represents advanced locomotive safety technology designed to enhance railway operational safety standards.
Key project components include:
- Supply of 223 KAVACH locomotive equipment units
- Complete installation services at designated locations
- Comprehensive testing protocols and validation
- Commissioning support and warranty coverage
Regulatory Compliance and Disclosure
Quadrant Future Tek Limited made the announcement in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company confirmed that promoters, promoter groups, and group companies have no interest in BLW, ensuring the transaction proceeds on an arm's length basis.
| Compliance Aspect: | Status |
|---|---|
| Related Party Transaction: | Not Applicable |
| Promoter Interest in BLW: | None |
| Transaction Basis: | Arm's length |
| SEBI Circular Compliance: | SEBI/HO/CFD/PoD2/CIR/P/0155 |
Business Impact and Execution Timeline
The contract acceptance represents a significant business development for the Punjab-based technology company. With a 12-month execution timeline from the purchase order date, the project will contribute substantially to the company's revenue stream in the railway safety equipment sector.
The company has confirmed acceptance of the contract offer and will provide regular updates on project progress through appropriate regulatory channels.
Historical Stock Returns for Quadrant Future Tek
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.27% | -0.98% | -3.89% | -22.95% | -48.46% | -34.05% |


































