Apsis Aerocom Limited Secures Purchase Order from Domestic Aerospace and Defence Customer

Apsis Aerocom Limited Secures Purchase Order from Domestic Aerospace and Defence Customer

Apsis Aerocom Limited Secures Purchase Order from Domestic Aerospace and Defence Customer​

Apsis Aerocom Limited, previously known as Apsis Aerocom Private Limited, has reported securing a significant Purchase Order from a local customer operating within the Aerospace and Defence segment. The order is marked as a Supply Order and has been awarded by a domestic entity.

According to the details provided, the order is to be executed within a timeline of eight months. The transaction involves no stated interest from the promoter group in the awarding entity, nor does it fall under related party transactions.

The transaction details highlight the scale and nature of the business contract. The order has a total value of INR 1,53,76,033 (Indian Rupees One Crore fifty three lakhs seventy six thousand and thirty three only).

A summary of the key terms and conditions of the awarded Purchase Order are provided below:

ParticularsDetails
Awarding EntityA local customer in the Aerospace and Defence segment (Name withheld due to confidentiality).
Nature of OrderSupply Order.
Order OriginDomestic Entity.
Total Order ValueINR 1,53,76,033.
Execution TimelineWithin 8 months.
Related Party StatusNo related party transactions; no promoter interest in the awarding entity.

APSISAERO Stock Price Movement​

Apsis Aerocom Limited shares today slipped by 4.99% to settle at ₹318.05. The decline was marked by 19,200 shares being traded during the session.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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