KAVACH Order: Quadrant Future Tek Share Price Gains Over 11% After Securing ₹287.82 Crore Contract

Quadrant Future Tek Limited has announced the receipt of a significant contract from Chittaranjan Locomotive Works (CLW) for the supply, installation, testing, and commissioning of 353 Onboard KAVACH Loco Equipment Ver-4.0. This contract, valued at ₹287.82 crore (₹2,87,82,91,400) includes warranty and long-term annual maintenance. 

Details of the CLW Contract 

On January 14, 2026, Quadrant Future Tek Limited confirmed the acceptance of an offer from CLW. The contract involves the provision of 353 units of the Onboard KAVACH Loco Equipment Ver-4.0. The total value of the contract is ₹2,87,82,91,400, inclusive of taxes. The project is expected to be completed within 12 months from the date of the purchase order. 

The KAVACH system is a critical safety mechanism designed to enhance the operational efficiency and safety of locomotives. This contract marks a significant achievement for Quadrant Future Tek in the railway sector. 

Contractual Terms and Execution Timeline 

The contract with CLW is domestic and involves the supply and commissioning of advanced locomotive equipment. The project is set to be executed over a 12-month period, ensuring timely delivery and installation of the equipment. 

Read More: Oswal Pumps Share Price Surges on Securing ₹120 Crore PM-KUSUM Solar Pump Order in Karnataka! 

Promoter and Related Party Transactions 

Quadrant Future Tek has clarified that its promoters and promoter group have no interest in CLW, and the transaction is conducted on an arm's length basis. Therefore, this contract does not fall within related party transactions. 

Quadrant Future Tek Share Price Performance 

As of January 14, 2026, at 2:39 PM, Quadrant Future Tek share price on NSE was trading at ₹341.10 up by 11.95% from the previous closing price. 

Conclusion 

Quadrant Future Tek's acquisition of the ₹287 crore contract from CLW underscores its expertise in the railway equipment sector. The project is set to enhance the company's reputation and operational capabilities, contributing positively to its growth trajectory. 

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