MIC Electronics Limited, a distinguished company certified with ISO 9001:2008 and ISO 14001:2004, has made an impressive announcement by receiving a Letter of Acceptance from the Malda Division of the Eastern Railway Zone. This substantial work order, valued at Rs. 1,21,90,343.51 (One Crore, Twenty-One Lakhs, Ninety Thousand, Three Hundred and Forty-Three Rupees and Fifty-One Paise only), marks a significant achievement for the company in the railway sector.

The work order entails the provision of Centralized Information Boards (CIB) at platforms 1, 2, and 3 of Bahapur station under the Malda Division. This initiative aims to enhance the passenger experience by providing timely and accurate information regarding train schedules and other essential announcements. By integrating such advanced solutions, MIC Electronics demonstrates its commitment to improving service delivery within the Indian railway system.

Key Highlights of the Work Order:

Awarding Entity: The order has been awarded by the Malda Division of the Eastern Railway, establishing the project as a domestic initiative.

Project Nature: This direct order was secured through a tender process, reflecting MIC Electronics' capability to meet the stringent requirements set forth by the railway authorities.

Execution Timeline: The order is expected to be executed within six months from the date of the Letter of Acceptance issued on October 8, 2024, emphasizing the urgency and efficiency required in railway projects.

Importantly, none of the promoters or their group companies have any interest in the entity awarding the order, ensuring transparency and integrity throughout the procurement process. Furthermore, the project does not fall within the ambit of related party transactions, maintaining compliance with regulatory standards.

As MIC Electronics embarks on this new venture, stakeholders and investors can be optimistic about the potential impact of this project on enhancing railway infrastructure and services. The company’s expertise in delivering technological solutions positions it well to meet the demands of this significant undertaking.

In conclusion, the recent work order from the Eastern Railway highlights MIC Electronics Limited's commitment to innovation and quality in the railway sector. The integration of Centralized Information Boards at Bahapur station will not only improve communication but also contribute to a more efficient travel experience for passengers.

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