Mumbai (Maharashtra) [India], February 11: MIC Electronics Limited, a leading provider of electronic display and lighting solutions, has announced that it has received a Letter of Acceptance from the Howrah Division of the Eastern Railway Zone, Indian Railways, for the supply and installation of Coach Indication Boards (CIB) and Train Indication Boards (TIB) across multiple railway stations. The contract, valued at approximately ₹44.5 crore, covers key stations including PRGR, SKIP, BZLE, SALE, MGAE, SDI, MRR, and RJG, and represents a strategic addition to the company's growing order book.
The project has been awarded through a competitive domestic tender process and is scheduled for execution within a six-month timeframe. Final terms and conditions will be formalized upon signing of the definitive agreement, in accordance with standard contractual procedures. The order underscores MIC Electronics' continued success in delivering reliable, technology-driven solutions for large-scale public infrastructure projects and further strengthens its presence in the railway sector.
In line with regulatory disclosure requirements, the company confirmed that neither its promoters nor promoter group entities have any financial or operational interest in the awarding authority, and the transaction does not qualify as a related-party arrangement. The Letter of Acceptance was officially received on February 10, 2026, at 3:57 PM, and the disclosure has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This order reinforces MIC Electronics Limited's commitment to supporting modernization initiatives within India's transportation infrastructure and highlights its capability to execute time-bound, high-value projects for government clients.
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