MIC Electronics Limited has informed the Exchange about General Updates.We wish to inform you that the company has received a letter of acceptance from the Chhattisgarh Environment Conservation Board for an amount of Rs. 3,78,00,000/- for the design, supply, installation, and maintenance of lab furniture for the central environmental laboratory.
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MIC Electronics Limited has received a Letter of Acceptance from the Chhattisgarh Environment Conservation Board for the design, supply, installation, and maintenance of lab furniture for a central environmental laboratory in Nava Raipur. The order value is Rs. 3.78 crore (Rs. 3,78,00,000). The order has a execution timeline of 12 months and was awarded through a domestic tender process. The company clarified there is no related party involvement and no promoter interest in the awarding entity.
This order represents a new government contract win for MIC Electronics in the environmental infrastructure space, though the significance to overall revenue cannot be determined without additional financial context.