Prostarm Secures INR 4.03 Crore Contract from Karnataka State Fire and Emergency Services
Prostarm Info Systems Limited has secured a new order valued at INR 4.03 Crores from the Karnataka State Fire and Emergency Services. The contract pertains to the supply, installation, testing, and commissioning of 3 KVA UPS systems along with batteries that conform to IS 16242 standards.The order was awarded by the state entity, signifying a significant contract win in the company’s normal business operations.
Prostarm Info Systems Limited is set to execute the awarded order within a 60-day period. The contract details indicate that the transaction involves only domestic entities and does not constitute a related party transaction or present any conflict of interest concerning the company's promoter group.
Key aspects of the secured contract are detailed below:
| Particulars | Details |
|---|---|
| Contracting Entity | Karnataka State Fire and Emergency Services |
| Order Nature | Supply, Installation, Testing, and Commissioning of 3 KVA UPS with Battery (Conforming to IS 16242) |
| Broad Consideration | INR 4.03 Crores |
| Execution Timeline | 60 days |
| Transaction Type | Domestic |
| Related Party Status | No |
PROSTARM Stock Price Movement
Today, shares of Prostarm Info Systems Limited shed value to settle at ₹141.5, marking a decline in the post-market trading session. The equity saw a volume of 198,326 shares traded, finding support near its day low of ₹140.7 after reaching a high of ₹145.2.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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