MIC Electronics Limited — Important, 15-07-2025: General Updates

MIC Electronics has secured a new significant work order from the Palakkad Railway Division. Valued at Rs 1.28 Cr, the contract is for the supply, installation, testing, and commissioning of an IPIS system at Kannur station. This includes a 6-year comprehensive annual maintenance contract. The project is part of the broader Amrit Bharat Station Scheme, signaling continued opportunities in railway infrastructure. This order boosts the company's operational pipeline and revenue prospects, with execution planned within six months.