HBL Power Systems has clarified that the products being considered, ‘Power Electronics (PE)’ and ‘Integrated Power Supplies (IPS) for the Railways’, have nothing to do with the ‘KAVACH’ Train Collision Avoidance System, or any other signaling product of HBL. There will be no impact of the proposed slump sale on HBL's ‘KAVACH’ business; on the other hand, it will allow HBL management to allocate more time to businesses like Kavach.
The above information is a part of company’s filings submitted to BSE.
