Quadrant Future Tek Limited has received a Letter of Acceptance from Patiala Locomotive Works on April 15, 2026, for a significant railway safety project.
The contract involves the supply, installation, testing, and commissioning of Onboard KAVACH Loco Equipment Version 4.0. The total value of the order stands at ₹20,19,27,500, including taxes, marking a notable addition to the company’s order book.
The project will be executed as per RDSO specifications and includes end-to-end deployment of Kavach systems along with warranty support. The Kavach system is an advanced indigenous train protection technology aimed at enhancing railway safety by preventing collisions and improving operational efficiency.
The contract has been awarded by a domestic entity, reinforcing the company’s presence in India’s railway modernisation initiatives.
The order will be carried out in three tranches, ensuring a phased and structured execution approach. The final tranche is scheduled for delivery on or before April 15, 2027. This timeline reflects a well-defined implementation plan, enabling efficient deployment of the equipment across locomotives.
On April 16, 2026, Quadrant Future Tek share price opened at ₹318.70, touching the day’s high at ₹322.00, as of 11:30 AM on the NSE.
Also Read: Quadrant Future Tek Receives ICF Order Worth ₹230.42 Crore for KAVACH Equipment!
The ₹20.19 crore Kavach order underscores Quadrant Future Tek’s role in advancing railway safety infrastructure in India. With a clear execution plan and strong technological focus, the company is well-placed to benefit from the ongoing modernisation of the Indian Railways.
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Published on: Apr 16, 2026, 2:00 PM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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