Takyon Networks Ltd has received a work order worth ₹1,43,20,000 (Rupees One Crore Forty-three Lakhs twenty thousand only) from Hindustan Aeronautics Limited for the purpose of Upgrade of IT Network.
The disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Part A of Schedule III and SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated 13th July 2023.
Key Contract Details:
- Contracting Entity: Hindustan Aeronautics Limited
- Nature of Work: Upgrade of IT Network
- Contract Value: ₹143.20 Lakhs (₹1,43,20,000)
- Execution Timeline: 120 days
- Geographic Scope: Domestic
- Related Party Status: No interest by promoter/promoter group/group companies in the entity awarding the contract
- Related Party Transaction: No, and therefore arm's length considerations do not apply
The disclosure was signed by Manish Kumar Sharma, Managing Director (DIN: 01397817), and submitted to BSE Limited for record.