Takyon Networks Receives ₹1.78 Crore Railway Order

Nature of the Event

Takyon Networks Ltd has received a work order worth ₹1,78,00,000 (Rupees One Crore Seventy-Eight Lakhs only) from Northern Railway, Lucknow. 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 Quantitative Figures

The contract value is specifically stated as ₹178.61 Lakhs (approximately ₹1.78 crore) in the annexure disclosure.

Timeline and Execution Details

The entire work must be completed within 180 days from the date of issue of the Letter of Acceptance, which is specified as 02.03.2027 (March 2, 2027).

Parties Involved

The order was awarded by Northern Railway, Lucknow, a domestic entity. The work will be executed at various stations over Lucknow Division, Northern Railway.

Nature of Work

The contract involves "Augmentation & Upgradation of Last Mile Connectivity of CMS at Various Stations over Lucknow Division, Northern Railway."

Regulatory Compliance Aspects

The company confirmed that:

• The promoter/promoter group/group companies have no interest in the entity that awarded the order
• The order does not fall within related party transactions
• The transaction is domestic in nature