The contract involves the supply, installation, testing, and commissioning of 112 sets of onboard KAVACH locomotive equipment, in line with RDSO Specification No. RDSO/SPN/196/2020 (Version 4.0 or latest).

The project is scheduled to be completed on or before 15 February 2027. The company clarified that neither its promoter nor its promoter group entities have any interest in the awarding authority.

Kernex Microsystems (India) is engaged in the manufacture and sale of safety systems and software services for railways.

The company had reported a 15.88% fall in consolidated net profit to Rs 6.04 crore despite a 97.23% increase in revenue to Rs 72.60 crore in Q3 FY26 as compared with Q3 FY25.

The scrip shed 0.26% to end at Rs 952.75 on the BSE.