HBL Engineering secures INR 145.83 cr Railway contract

HBL Engineering Limited (NSE: HBLENGINE, BSE: 517271) announced today that it has secured a contract from the Western Railway for the provision of Kavach systems. The total value of the contract is INR 145.83 Crores, inclusive of 18% GST. The project encompasses 48 stations and covers 428 kilometers. The time frame to complete the contract is 730 days. This contract is in line with Regulation 30 of the SEBI Listing Regulations and the transaction is not a related party transaction.