SGL Resources Ltd Secures Rs. 88.50 Lakhs Domestic Software Contract
SGL Resources Ltd, formerly known as Scanpoint Geomatics Limited, has secured an order valued at Rs. 88.50 Lakhs. The contract was awarded by Technosys Integrated Solutions Pvt. Ltd., marking a significant domestic contract for the company.The awarded order pertains to the purchase of software and applications, specifically covering the supply of IGIS Suite, Desktop, customized GIS web application development, and GIS based integration services. The contract is set for execution within one year.
In this domestic transaction, SGL Resources Ltd confirmed that the awarding entity, Technosys Integrated Solutions Pvt. Ltd., does not have any interest from the promoter or promoter group of SGL Resources Ltd. Furthermore, the contract does not fall within the category of related party transactions.
Key details regarding the secured contract are summarized below:
| Parameter | Detail |
|---|---|
| Contract Awarding Entity | Technosys Integrated Solutions Pvt. Ltd. |
| Nature of Order | Purchase of Software and Application |
| Order Size (Broad Consideration) | Rs. 88.50 Lakhs |
| Scope of Work | Supply of IGIS Suite, Desktop, customized GIS web application development, GIS based integration |
| Execution Timeline | Within one year |
| Domestic/International | Domestic |
Stock Price Movement
SGL Resources Ltd shares settled at ₹3.38 today, marking a gain of 4.64% at the close on Friday. The stock moved within a notable range today, testing as low as ₹3.07 but peaking at ₹3.39.Source:
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