HBL Engineering Wins Rs 31.49 Crore ICF KAVACH Order

Core Announcement – Order Details

Awarding Entity: Integral Coach Factory (ICF), Chennai

Domestic/International Order: Domestic

Nature of Order/Contract: Supply, installation, testing and commissioning of On-board KAVACH Loco equipment (Ver.4.0).

Order Value: Rs. 31.49 Crores (Excluding 18% GST)

Materiality Context: Not Specified

Execution Timeline: Contract to be completed on or before 31 March 2028.

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No. The transaction would not fall under Related Party Transaction category.

Promoter Group Involvement: None of the promoters is interested in the transaction.

Financial Implication: Not Specified