AXISCADES Subsidiary Wins INR 6.9 Cr Defence Order

Core Announcement – Order Details

Awarding Entity: Office of DG (ACE), Research And Development Establishment engineers, Ministry of Defence

Domestic/International Order: Domestic

Nature of Order/Contract: Development and Production Contract for Manufacturing & Supply of Mobile Mast System (MMS). The solution integrates multi-disciplinary elements.

Order Value: INR 6.9 Crore

Materiality Context: Not Specified

Execution Timeline: 18 months, expected to be completed by November 2027

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No

Promoter Group Involvement: No promoter/promoter group/group companies have any interest in the entity that awarded the order

Financial Implication: Not Specified