Micro-cap Company Secures Vendor Approval for Mumbai–Ahmedabad High Speed Rail Project

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Micro-cap Company Secures Vendor Approval for Mumbai–Ahmedabad High Speed Rail Project

This milestone enables the BSE SME-listed firm to supply essential safety infrastructure for the high-speed rail corridor, reflecting its specialised engineering capabilities in managing complex terrain.

Gabion Technologies India Limited has secured vendor approval and a Notice of No Objection (NONO) for its rock catch fence and barrier systems for Package C3 of the Mumbai–Ahmedabad High Speed Rail (MAHSR) project. Awarded to Larsen & Toubro Construction, this package involves critical civil works, including viaducts, tunnels and slope protection systems. The approval was granted following a rigorous technical review of the company’s design methodologies and test results, ensuring compliance with the project’s strict Inspection and Test Plan (ITP). This milestone enables the BSE SME-listed firm to supply essential safety infrastructure for the high-speed rail corridor, reflecting its specialised engineering capabilities in managing complex terrain.

Additionally, the company has secured multiple work and supply orders from January 25, 2026, to January 31, 2026. These orders, received in the ordinary course of business, carry an aggregate value of approximately Rs 6,35,35,352.60 (including GST) and primarily involve the design, supply and installation of slope protection systems and allied infrastructure solutions. This consolidated disclosure is made to ensure transparency and provide essential information to investors regarding the Company's routine commercial activities and Order Book growth.

About the Company

Gabion Technologies India Limited is engaged in the manufacturing, supply and installation of steel gabions, rockfall protection systems and geotechnical solutions for infrastructure projects across roads, Railways, airports, mining, irrigation, Defence and urban development sectors.

The company has a market cap of Rs 97 crore with promoters holding 73.48 per cent stake. The stock is up by 14 per cent from its 52-week low of Rs 64.15 per share.

Disclaimer: The article is for informational purposes only and not investment advice.