Takyon Networks Ltd Wins Work Order Worth Rs. 60,50,000 from Hindustan Aeronautics Limited
Takyon Networks Ltd announced on June 1, 2026, that it has secured a work order from Hindustan Aeronautics Limited (HAL). The contract is for providing a Comprehensive Annual Maintenance Contract and is valued at Rs. 60,50,000.The order was awarded by Hindustan Aeronautics Limited, Kanpur, and relates to a Comprehensive Annual Maintenance Contract. The contract terms specify a period of 24 months from the date of acceptance of the Order, with all work to be executed according to the defined scope of work or the GEM contract.
The transaction was identified as a domestic order, and company sources confirmed that the order does not involve any related party transactions, nor does the promoter or promote group hold any interest in the awarding entity.
The key details of the work order are summarized below:
| Detail | Specification |
|---|---|
| Awarding Entity | Hindustan Aeronautics Limited, Kanpur |
| Nature of Contract | Comprehensive Annual Maintenance Contract |
| Order Size/Consideration | INR 60.50 Lakhs |
| Contract Period | 24 months |
| Origin | Domestic |
| Related Party Status | No |
Stock Price Movement
Takyon Networks Ltd slipped 4.63% at the close of trading on Friday, settling at ₹24.30. Throughout the day, shares traded within a considerable range, dipping to ₹24.27 while touching a high of ₹26.75.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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