Quadrant Future Tek Limited announced on September 2, 2025, that it has received a Letter of Acceptance (LoA) from RailTel Corporation of India Ltd. The order is for the provision of Kavach, an indigenous train collision avoidance system, on the railway network of East Central Railway.
The value of the order stands at ₹128.91 crore, including taxes. It covers 607 route kilometres of low-density tracks. The work involves the supply, installation, and commissioning of Kavach equipment. RailTel has set an execution period of 24 months for the project.
The contract has been classified as domestic. Quadrant Future Tek stated that the award was made on an arm’s length basis. The promoters or promoter group do not have any interest in RailTel, and the order does not come under related-party transactions.
Quadrant Future Tek is engaged in research and development for train control and signalling systems under the Kavach programme of Indian Railways. The company also runs a cable manufacturing facility with an electron beam irradiation centre. Its speciality cables are used in railway rolling stock, naval projects, and in sectors like solar power and electric vehicles.
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The company has disclosed the details of the RailTel order in compliance with SEBI’s Listing Obligations and Disclosure Requirements. The information has also been published on its official website.
As of September 3, 2025, 11:50 AM, Quadrant Future Tek share price was trading at ₹483.30, a 3.96% increase from the previous closing price.
The RailTel order adds to Quadrant Future Tek’s domestic project portfolio, with a contract valued at nearly ₹129 crore and an execution timeline of 2 years
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Published on: Sep 3, 2025, 12:04 PM IST
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