<h1>Neueon Secures ₹150 Crore Order from Elcom Innovations for Tactical Communication Equipment</h1>
Neueon Corporation Limited has secured a significant procurement partnership with Elcom Innovations Private Limited, resulting in orders worth approximately ₹150 crore. The agreement involves Neueon supplying tactical communication equipment and related solutions to the domestic entity, Elcom Innovations Private Limited.
The partnership formalizes the commitment from Elcom Innovations for the supply of specialized equipment and solutions. This order represents a substantial contract value for Neueon over the specified timeframe.
Key details regarding the procurement partnership are as follows:
| Detail | Description |
|---|---|
| Partner Entity | Elcom Innovations Private Limited |
| Order Value | Approximately ₹150 crore |
| Scope of Work | Supply of tactical communication equipment and solutions |
| Order Nature | Domestic Procurement |
| Timeframe | Deliverables are scheduled to be completed by July 23, 2027 |
The agreement solidifies the business relationship between Neueon Corporation Limited and Elcom Innovations Private Limited for the procurement of raw materials and associated supplies. The partnership is confirmed as a domestic transaction with no existing interest from the promoter or promoter group companies in the awarding entity.
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