Digilogic Systems Ltd Receives Rs 4.08 Crore Order from Ministry of Defence
Digilogic Systems Ltd has secured a significant purchase order valued at Rs.4.08 Crores (exclusive of GST) from the Ministry of Defence, Government of India. The contract pertains to the Supply, Installation and Commissioning of Satellite Front End Checkout and Monitoring Assembly for test and evaluation purposes related to spaceborne electric sub-systems.The domestic order underscores the company's role in supporting critical defence and aerospace infrastructure projects within India.
Details regarding the Ministry of Defence contract were provided, confirming that the order is domestic in nature and specifying the technical requirements and delivery timeline.
A summary of the key terms and conditions associated with this contract includes:
| Particulars | Details |
|---|---|
| Entity Awarding Order | Ministry of Defence, Government of India |
| Contract Scope | Supply, Installation and Commissioning of Satellite Front End Checkout and Monitoring Assembly for test and evaluation of spaceborne electric sub-systems. |
| Nature of Order | Domestic |
| Order Value | Rs.4.08 Crores (exclusive of GST) |
| Delivery Period | March, 2027 |
The agreement confirms that there is no interest held by the promoter or the promoter group in the entity awarding the contract, and it falls outside related party transactions.
Stock Price Movement
Digilogic Systems Ltd settled at ₹121.85 on Tuesday, gaining 1.88% in post-market trading. The shares moved throughout the day, finding a low of ₹118.20 before peaking near ₹121.95.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.