Mumbai, Sept. 3 -- The order involves the supply, installation, and commissioning of the Kavach System-an indigenous Train Collision Avoidance System-on 607 route kilometers (RKM) of low-density railway tracks in the East Central Railway zone.

The total project valued at Rs 128.91 crore, is to be executed within 24 months from the commencement date.

In a regulatory filing, the company clarified that its promoters, promoter group, and group companies have no interest in the awarding entity.

Quadrant Future Tek (QFTL) is engaged in the manufacture of specialty cables used in railway rolling stock and the naval (defence) industry. It specializes in manufacturing a wide range of electron beam irradiated cables for industrial usage and appl...