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Incorporated in 1991, Kernex Microsystems Ltd manufactures and sells Safety Systems and Software services for Railways
Kernex Micro: CLW-II order (3,024 units) progresses well. 1,360 delivered, 1,664 remain. 175 units ready for dispatch, 1,025 units 95% complete. Full dispatch on track. Also bagged new diversification order for Rs. 15.90 Cr. Potential long-term AMC revenue post-warranty period.
Kernex Microsystems secured exchange approval for listing and trading of 1,200 new equity shares. These shares, with a face value of Rs. 10 each, were issued under the company's Employee Stock Option Scheme, enhancing market liquidity.
Kernex Microsystems successfully commissioned its Kavach 4.0 system on 207 km of North Central Railway. This expands its total regional coverage to 572 route km, demonstrating capabilities for up to 160 kmph high-speed rail. This strengthens Kernex's position in India's indigenous railway safety market.
Kernex Microsystems' board re-appointed M/s. Thirupathi & Associates as Internal Auditors for FY26-27. This corrects an earlier announcement mistakenly identifying them as Cost Auditors.
Kernex Microsystems has formed a Joint Venture with Bharat Heavy Engineering Private Limited (Kernex 51%, BHEL 49%). This JV aims to develop advanced rail signaling systems, including Moving Block and Kavach, significantly enhancing their railway technology portfolio.