Quadrant Future Tek Share Price Gains Over 3%; Receives ICF Order Worth ₹230.42 Crore for KAVACH Equipment

Quadrant Future Tek Limited informed the stock exchanges on January 29, 2026, about the receipt and acceptance of a contract offer from Integral Coach Factory Chennai for railway safety equipment. 

Details of the ICF Contract Award 

The company received an offer from Integral Coach Factory Chennai on January 28, 2026, for the supply, retro fitment, testing and commissioning of 192 Onboard KAVACH Equipment Version 4.0 as per RDSO specifications. The contract also includes warranty and long term annual maintenance obligations. 

Order Value and Execution Timeline 

The total value of the contract stands at ₹2,30,42,04,238 including taxes. The order is domestic in nature and is required to be executed within a period of 12 months, as outlined in the disclosure filed under Regulation 30 of the SEBI Listing Regulations. 

Read More: Big Capex, Bigger Order Books: What’s Next for Titagarh Rail, RVNL, and IRCON?! 

Nature of Work and Scope 

The scope of work covers end to end delivery including supply, retro fitment, testing and commissioning of the onboard KAVACH systems. KAVACH is an indigenous train collision avoidance system developed for Indian Railways to enhance operational safety. 

Regulatory and Related Party Disclosure 

Quadrant Future Tek confirmed that the order has been awarded by a domestic entity and does not fall under related party transactions. The promoters, promoter group and group companies do not have any interest in Integral Coach Factory, and the transaction has been undertaken on an arm’s length basis. 

Quadrant Future Tek Share Price Performance 

As of January 29, 2026, at 10:54 AM, Quadrant Future Tek share price on NSE was trading at ₹313.60 up by 3.46% from the previous closing price. 

Conclusion 

The receipt of the ₹230.42 crore order from Integral Coach Factory represents a disclosed business development for Quadrant Future Tek Limited, as communicated to the exchanges on January 29, 2026. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.