The Western Railway zone’s Rajkot Division has issued MIC Electronics a Letter of Acceptance (LoA). The said Work-Order is valued at a total of Rs. 1.74 crore. After the letter of acceptance is issued, the said order is anticipated to be completed in six months. The business of MIC Electronics specialises in the production of light-emitting diode (LED) lighting solutions as well as the design, creation, and distribution of text, graphic, and video displays. While non-institutions owned only 25.37% of the company, promoters held 74.63% of it.