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 design, development, and manufacturing of LED video displays as well as high-end electronics and telecommunications products.

The company’s consolidated net profit rose 1.9% to Rs 2.17 crore in Q2 FY26, compared with Rs 2.13 crore in Q2 FY25. Revenue from operations jumped 38% YoY to Rs 37.89 crore in Q2 FY26.