Mumbai, Dec. 22 -- According to an exchange filing, the order is for the supply, installation, testing, and commissioning of telecom assets and passenger amenities at seven stations in the Nagpur Division under the Amrit Bharat Scheme.

The total value of the order stands at Rs 1,05,31,118. The company said the order is a direct order, awarded through a tender process, and that the final terms and conditions will be finalized at the time of executing the agreement.

MIC Electronics also clarified that neither its promoters nor members of the promoter group have any interest in the awarding authority, and the transaction does not qualify as a related-party transaction under applicable regulatory norms.

MIC Electronics specializes in the d...