Apsis Aerocom Awarded Purchase Order from International Customer in Defence Segment
Apsis Aerocom Limited has secured a purchase order from an international entity within the Defence segment, signaling significant business activity for the company. The contract details and terms relate to specific customer requirements, marking a key development in the company's operational expansion.The purchase order is designated as an international transaction and was awarded in response to specialized customer specifications. This venture does not involve any interest from the promoter or promoter group of Apsis Aerocom Limited, nor would it fall under related party transactions.
Key details regarding the contract, including its duration, value, and nature, are summarized below:
| Detail | Information |
|---|---|
| Type of Order | Purchase Order |
| Originating Entity | International Entity |
| Segment | Defence |
| Execution Deadline | 14.02.2027 |
| Order Value (USD) | USD 84,484.00 |
| Order Value (INR) | Rs. 81,56,828.82/- |
The order is valued at USD 84,484.00, equivalent to Rs. 81,56,828.82/- based on the exchange rate applicable at the time of the deal. The company confirmed that the awarded contract does not pose any conflicts regarding related party transactions or promoter interest in the awarding entity.
APSISAERO Stock Price Movement
Shares of Apsis Aerocom Limited are surging as of 1:09 PM, trading at ₹425.95 after the equity gains a robust 2.00% in live market activity. This significant rally sees the stock break through its 52-week high, currently operating within an intraday range established by the ₹417.60 low.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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