MIC Electronics Gets New Orders Of Rs 1.72 crore
By Ankur Chandra | Published at: Jun 3, 2025 12:29 PM IST
MIC Electronics Limited has secured two significant orders from Indian Railways, amounting to a combined value of ₹1.72 crore. The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015.
Order Details
The company received a Letter of Acceptance from the Pandit Deen Dayal Upadhyaya (DDU) Railway Division under the East Central Railway Zone for:
- Provision of Electronic Coach Indication Boards (CIB) on Platform No. 7 at DDU
- Fare Display Boards for UTS/PRS Counters
- Installation of additional passenger amenities such as video walls
The total value of this order is ₹1,11,50,332.60.
In addition, MIC Electronics received another order worth ₹60,00,000 for the supply of Emergency Lighting Units (ELU) to Indian Railways.
Total Order Value: ₹1,71,50,332.60
Key Terms and Execution Timeline
| Particulars | Details |
|---|---|
| Ordering Entity | Pandit Deen Dayal Upadhyaya Division, East Central Railway |
| Nature of Order | Direct award, through participation in tenders |
| Type of Entity | Domestic |
| Execution Timeline | Within 6 months from June 2, 2025 |
| Date and Time of Acceptance | June 2, 2025, at 01:03 PM |
| Promoter Interest | None |
| Related Party Transaction | No |
Company Statement
The company noted that the terms and conditions will be finalized during the execution stage. MIC Electronics confirmed that the orders do not fall under related party transactions, and no promoter or group company has any interest in the awarding entity.
About MIC Electronics
MIC Electronics is a Hyderabad-based company engaged in the design and manufacture of LED displays and public information systems. The company holds ISO 9001:2008 and ISO 14001:2004 certifications and focuses primarily on serving infrastructure, transport, and urban public projects.
Dividend History
MIC Electronics has not declared regular dividends in recent years, with capital being channelled toward operations and turnaround initiatives.
REF:https://www.bseindia.com/xml-data/corpfiling/AttachLive/22464d1a-40a1-475c-8b29-929f1c020b34.pdf
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