Sigma Advanced Systems secured a USD 11.4 million export order for 90,000 artillery fuzes from a North American customer.
The order for 155mm artillery shell fuzes will be executed over ten months using in-house Indian manufacturing capabilities.
This direct export contract marks a strategic shift for the company into global defense supply and may lead to follow-on orders.
The disclosure was made pursuant to SEBI Listing Regulations as a material event for investor awareness.