Kernex Microsystems Wins Integral Coach Factory KAVACH Order

Core Announcement – Order Details

Awarding Entity: Integral Coach Factory, Chennai (ICF)

Domestic/International Order: Domestic

Nature of Order/Contract: Supply, Installation, Testing and Commissioning of On-board KAVACH by the way of upgradation from version 3.2 to 4.0 which includes hardware and software as per RDSO Specification No. RDSO/SPN/196/2020 (including warranty and CAMC).

Order Value: Rs. 31.87 Crores (Including GST)

Materiality Context: Not Specified

Execution Timeline: To be completed on or before 31/03/2027

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No

Promoter Group Involvement: No promoter/promoter group/group companies have any interest in the entity that awarded the order.

Financial Implication: Not Specified