HBL Engineering Ltd has secured a domestic order worth Rs 24 crore (excluding 18% GST) from the Integral Coach Factory (ICF), Chennai for the supply, installation, testing, and commissioning of On-board KAVACH Loco Equipment (Version 4.0).
The contract is scheduled to be completed on or before March 31, 2028. The company stated that the order is not a related-party transaction, and none of its promoters or promoter group entities have any interest in the awarding authority.