Core Announcement – Order Details

Awarding Entity: Space Applications Centre (SAC), Indian Space Research Organisation (ISRO), Department of Space, Government of India, Ahmedabad

Domestic/International Order: Domestic

Nature of Order/Contract: Supply, installation, commissioning and support of high-performance computing workstations for a scientific establishment of the Department of Space. The systems are described as among the most powerful single-node systems available, combining 60-core Intel Xeon processors, 512 GB memory and NVIDIA Blackwell-class GPUs with 96 GB memory.

Order Value: Not Specified

Materiality Context: The order represents entry into a mission-critical institution (SAC is ISRO's principal centre for design of space-borne payloads and satellite-based applications) and was qualified through an open, competitive and technically stringent tender. The order was reserved for Class I / Class II Local Suppliers under the Government's Make in India procurement framework.

Execution Timeline: Supply within 18 weeks from receipt of Purchase Order, with delivery/completion date specified as 02 February 2027. This is followed by warranty and support period from the date of acceptance.

Revenue Recognition / Billing Structure: Payment terms: within 90 days of receipt, installation and acceptance.

Key Terms & Payment Milestones: Delivery terms: FOR SAC Stores, Ahmedabad. Payment within 90 days of receipt, installation and acceptance.

Whether Related Party Transaction: No

Promoter Group Involvement: No

Financial Implication: Not Specified

Strategic Significance

The disclosure highlights several strategic aspects:

  • Entry into mission-critical institution: Qualifying as a supplier to SAC establishes the Company's credentials with the Department of Space
  • High-performance computing capability: Systems support compute-intensive scientific workloads including AI/ML, large-scale data processing, simulation and visualisation
  • Alignment with Aatmanirbhar Bharat: Order was reserved for Class I / Class II Local Suppliers under Make in India framework
  • Platform for future engagement: On-site support engagement provides long-term relationship with SAC and reference for further opportunities across ISRO centres, defence establishments and other strategic organizations

The order was received in the normal course of the Company's business.