Digilogic Systems Limited has received a purchase order from the Ministry of Defence, Government of India, valued at ₹4.08 Crores (exclusive of GST). The order is for the supply, installation, and commissioning of Satellite Front End Checkout and Monitoring Assembly for test and evaluation of spaceborne electric sub-systems.
The disclosure is made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in line with SEBI circular dated July 13, 2023 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Key Order Details:
- Ordering Entity: Ministry of Defence, Government of India
- Nature of Work: Supply, Installation and Commissioning of Satellite Front End Checkout and Monitoring Assembly
- Application: Test and evaluation of spaceborne electric sub-systems
- Order Value: ₹4.08 Crores (exclusive of GST)
- Execution Timeline: Delivery to be completed by March 2027
- Entity Type: Domestic entity
- Related Party Interest: No interest from promoter/promoter group/group companies in the entity that awarded the order
- Related Party Transaction: Not applicable
The order does not constitute a related party transaction and has been awarded by a domestic entity. The company confirmed that promoters/promoter group/group companies have no interest in the entity that awarded this contract.