Kernex Microsystems (India) Ltd announced that it has received an order worth ₹475.21 crore from Chittaranjan Locomotive Works (CLW) for onboard KAVACH equipment.
The company disclosed the development through a stock exchange filing on May 27, 2026.
The order includes supply, installation, testing and commissioning of onboard KAVACH loco equipment.
The work will be carried out as per RDSO Specification No. RDSO/SPN/196/2020 Version 4.0, or the latest applicable version.
According to the filing, the project is expected to be completed within 12 months from the date of the contract.
The company said the order is domestic in nature and has been awarded by CLW, one of Indian Railways’ locomotive production units.
KAVACH is an automatic train protection system used by Indian Railways to improve signalling and operational safety.
The system is being deployed across several railway routes and locomotives as part of railway modernisation work.
Kernex Microsystems stated that the contract adds to its order book and provides revenue visibility over the execution period.
The filing also mentioned that neither the promoter nor promoter group entities have any interest in the awarding authority.
The company further clarified that the order does not fall under related-party transactions.
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As of May 27, 2026, 2:49 pm, Kernex Microsystems (India) Limited share price was trading at ₹1,494.00, a 0.51% increase from the previous closing price.
The latest contract adds a new railway safety project to Kernex Microsystems’ existing business pipeline. The order relates to the ongoing rollout of KAVACH systems across parts of the Indian Railways network and is scheduled for execution over the next year.
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Published on: May 27, 2026, 3:21 PM IST
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