Takyon Networks Ltd Secures ₹1.5 Crore Order for F5 Link Load Balancer Supply and Installation
Takyon Networks Ltd has secured a work order amounting to INR 1,50,00,000 from SKYNET SERVICES GLOBAL PRIVATE LIMITED. The contract involves the supply and installation of an F5 Link Load Balancer with Anti-DDos capabilities at APTS AP, which is one of the company's customers.The contract awarded by the domestic entity carries specific operational terms regarding delivery timeline, payment schedules, and warranty provisions.
Key details of the order are as follows:
| Particular | Detail |
|---|---|
| Entity Awarding Order | SKYNET SERVICES GLOBAL PRIVATE LIMITED |
| Contract Value | INR 1,50,00,000 |
| Nature of Work | Supply and installation of F5 Link Load Balancer with Anti-DDos at APTS AP. |
| Delivery Timeline | 6 weeks |
| Taxes | Extra as applicable (18% GST) |
| Warranty and Support | 3 years from the date of installation |
| Payment Terms | Within 3 days after receiving payment from Client (back to back) |
The order was confirmed by Takyon Networks Ltd, confirming that there is no interest held by the promoter or the promoter group in SKYNET SERVICES GLOBAL PRIVATE LIMITED, and the contract does not fall under related party transactions. The entire transaction is domestic in nature.
Stock Price Movement
Takyon Networks Ltd. shares finished trading Wednesday, settling at ₹21.87 and ticking up 2.24% in the market session. The stock moved within an intraday range between its low of ₹21.50 and a high of ₹22.45.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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